Power – Page 24 – Advisors Reports

May 9, 2024Distribution Generation News Power

NERC slaps Chinese power firm with hefty penalty for operating electricity business in Nigeria without license

… “Obtain licenses or face sanctions” – NERC Vice Chairman warns power investors Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has slapped CCETC Suk Power Company Limited, a Chinese-owned power firm operating in Nigeria, with a hefty penalty for…

May 9, 2024Distribution Documentary Energy Transition Generation Green Finance Impact News Power Solar Transmission

FG launches gazettes for National Energy Policy, Master Plan, boosts President Tinubu’s administration priority 4

… unveils lists of several approaches necessary to accomplish Nigeria’s energy goals … seeks stakeholders’ input Oredola Adeola The Federal Government has launched the Gazettes of the National Energy Policy (NEP) and National Energy Master Plan (NEMP), crafted…

May 9, 2024Concession Generation Hydroplant News Power

Mainstream Energy invests $82m to install 1G3, 1G4, boosting Kainji hydropower plant capacity to 980MW

Oredola Adeola Mainstream Energy Solutions Limited has commenced the installation of $82 million generating units 1G3 and 1G4 in the empty pits at the Kainji Hydropower Plant, aiming to raise the plant’s total installed capacity from 760 megawatts (MWs)…

May 7, 2024Distribution News Power

NERC upgrades 60 additional EKEDC feeders to Band A, total count hits 134

… upgrade limits Eko DisCo Band B feeders to 49 Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has approved the upgrade of an additional 60 feeders in the Eko Electricity Distribution Company’s (EKEDC) franchise area to Band…

May 6, 2024Distribution News Power

NERC slashes Band A electricity tariff by 8.1% to N206.80/kwH

… effective May 6, 2024 …as Ikeja, Eko DisCos implement May 2024 supplementary order Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has issued the May 2024 supplementary order downwardly revising the tariff for Band A…

May 4, 2024Energy Transition News Power

NERC unbundles TCN, as Nigeria ISO assumes market control, system operations

.. BPE, MOFI emerge as NISO shareholders … TCN to focus on developing, maintaining power transmission infrastructure … as Engr. Dr. Eje steers NISO …all employees under defunct System Operator transfered to NISO with equal terms Oredola Adeola …

May 3, 2024Distribution News Power Transmission

Relief to residents of Ajah-Lekki, as Adelabu commissions Siemens-PPI 132/33kv mobile substationed

…facility commissioned 6 months after installation …TCN to connect Ajah mobile substation to EKEDC network Oredola Adeola Six months after the successfully installation, the 1x 63 MVA, 132/33KV Mobile Substation at Ajah Transmission Substation, Lagos State, under the…

April 30, 2024Advertorial Distribution Impact News Power

EKEDC champions wellness at its annual Ikoyi Club 1938 Tennis week, focuses on health, sports

Oredola Adeola The Eko Electricity Distribution Company (EKEDC) has reaffirmed its dedication to backing health and wellness as well as sports development programs, showcased during the Tennis Tournament hosted at Ikoyi Club 1938. Mrs Rekhiat Momoh, Acting…

April 30, 2024Advertorial Distribution Downstream Energy Transition Finance Gas Generation Midstream News Oil & Gas Power Service Company Upstream

NAEC 2024 International Energy Conference set for October 3 in Lagos

….”We are focusing on solutions to energy transition, gas-to-power conundrums, underscoring Nigeria’s energy prosperity,” – Organisers Oredola Adeola Top energy industry leaders and experts are expected to converge in Lagos on October 3, 2024, at the Association of…

April 30, 2024Distribution Impact News Power

NERC approves prepaid meter price review, effective from May 1

…introduces competitive bidding for customers … permits electricity customers sole right to choose their preferred MAP … MAPs face N500/N1,000 daily fines for delayed prepaid meter installations- Commission warns Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has approved…