Power – Page 15 – Advisors Reports

September 7, 2024Documentary Generation Impact News Power

Egbin launches six-month “PowerUp” internship program to boost student innovation, strengthen Nigeria’s power sector

Oredola Adeola Egbin Power Plc, Nigeria’s largest power generation company, has launched “PowerUp Internship Program” -a six-month immersive initiative to enhance students’ industry knowledge and foster innovation and excellence, as part of its commitment to advancing technology and strengthening the…

September 5, 2024Distribution Energy Transition Finance Generation Green Finance News Power Renewables Solar Sustainability

Nigeria-China partnership critical to vision 30:30:30, universal energy access by 2060 – Power Minister Adelabu

Oredola Adeola Chief Adebayo Adelabu, Minister of Power, has revealed that Nigeria’s commitment to achieving 30GW of grid energy supply with a 30 percent renewable energy mix by 2030, and universal energy access by 2060, presents an opportunity for collaboration…

September 4, 2024Distribution Energy Transition Generation Green Finance News Power

Lagos signs MoU with Chinese company to implement 50 MW solar power project in LASU, LASUCOM, other state institution

Oredola Adeola The Lagos State Government has signed a Memorandum of Understanding (MoU) with a leading Chinese company to implement solar power systems across key educational institutions. The agreement was announced in a statement by Governor Babajide Sanwo-Olu, as part…

September 3, 2024Distribution News Power

Ikeja Electric expands Band ‘A’ feeders to 179 with addition of 23 new feeders

Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has approved the MYTO feeder upgrade for 23 additional Band ‘A’ feeders, bringing the total number of Band ‘A’ feeders across the Ikeja Electric (IE) network to 179. This information was disclosed…

September 1, 2024Distribution Generation Hydroplant News Power

Mainstream Energy restores Sabon Pegi bridge within 24 hours after collapse due to heavy rainfall

Oredola Adeola Mainstream Energy Solutions Limited, the operators of the Kainji, Jebba, and Zungeru hydropower plants, has swiftly repaired the Sabon Pegi Bridge within 24 hours after its collapse due to heavy rainfall on Friday. Olugbenga Adebola, Head, Corporate Communications,…

August 30, 2024Concession Distribution News Power Transmission

TCN, BPE sign agreement for deployment of 1,437,500 W’Bank-funded smart meters with Chinese consortium

… make progress with World Bank’s $500 million facility amidst court injunctions Oredola Adeola The Federal Government, through the Transmission Company of Nigeria (TCN) and the Bureau of Public Enterprises (BPE), has signed a contract agreement with Chinese consortiums for…

August 30, 2024Distribution News Power

EKEDC justifies UNILAG power disconnection over ₦1,035,197,446.43 debt

…insists ₦180 million payment only covers a small portion—17.39 percent—of total debt … “UNILAG was disconnected on August 27, after exhausted negotiations fail to yield resolution” – Lasaki Oredola Adeola The Eko Electricity Distribution Company (EKEDC) has clarified its…

August 27, 2024News Power Sabotage Security Transmission

Transmission towers vandals persist despite arrests, as TCN confirms another incident in Osun State

Oredola Adeola Despite numerous arrests made so far 2024, electricity vandals have continue their onslaught unabated, as Transmission Company of Nigeria (TCN) has again confirmed the capture of a vandal in Osun State, caught in the act of returning to…

August 26, 2024Distribution Generation Local Content News Power

Gov Aiyedatiwa of Ondo assures completion of 30 MW tri-fuel power plant in Ore after 12-year delay

Oredola Adeola Governor Lucky Aiyedatiwa of Ondo State has reaffirmed his commitment to bringing the 30 MW Tri-Fuel turbine power plant located along the Ore-Sagamu Expressway in Ore to fruition, after 12 years being on under construction. Comrade Allen Sowore, Senior…

August 23, 2024Distribution Generation News Power Transmission

Adelabu appeals to bulk power consumers, industries to reconnect to national grid

… commits to restoring trust, confidence, stability in NESI …. highlights cost benefits of grid electricity at ₦206.80/kWh compared to up to ₦950/kWh for Diesel generators … seeks to deploy smart meters to boost off-peak electricity consumption, amidst drop in…