Power – Page 9 – Advisors Reports

January 15, 2025Distribution Energy Transition Generation Impact News Power Transmission

FG sets to construct 5 new substations as Siemens Power project enters second phase

“TCN requires N2.779 trillion to complete 149 power projects nationwide,” says Adelabu … reveals “Power generation rises from 4,100MW to 5,270MW in one year” Oredola Adeola Nigeria’s Minister of Power, Chief Adebayo Adelabu, has revealed that the Siemens power…

January 9, 2025Distribution Energy Transition Gas Generation News Power

Ihovbor power plant increases available capacity to 230MW after prolonged downtime since 2013

…restoration efforts boost capacity from 73MW in 2024 to 230MW in 2025, with phase 1 completed …available capacity opened for bilateral deals to boost supply to commercial, industrial clusters in Edo, environs Oredola Adeola After extended operational downtime, the…

January 8, 2025Distribution News Power

Monitoring framework in 2025: NERC sets 75% complaint resolution target for DisCos

… up from average 26.77% achieved by DisCos in 2024 … NERC’s updated enforcement framework to take effect from Q1 2025 Oredola Adeola With an estimated average resolution rate of 26.77% achieved in 2024, the Nigerian Electricity Regulatory Commission…

January 7, 2025Distribution News Power Sabotage

Ikeja Electric intensifies legal actions against vandalism, commits to improved service delivery in 2025

… as two alleged energy thieves in Ikorodu were charged to court Oredola Adeola In a bid to enhance efficient service delivery in 2025, Ikeja Electric has intensified legal actions against the surge in vandalism of its installations across…

December 24, 2024Distribution Energy Transition Generation News Power Sustainability Transmission

Lagos State govt. constitutes 5-member electricity regulatory commission board

… appoints Engr. Odubiyi, former NERC Commissioner, as Chair Oredola Adeola The Lagos State Government has approved a five-member board for the Lagos State Electricity Regulatory Commission (LASERC), chaired by Abimbola Odubiyi, to oversee and regulate electricity market…

December 24, 2024Distribution News Power

IBEDC assures stable power supply, swift fault resolution during Christmas holidays

Engr. Agoha, IBEDC MD warns against energy theft, urges customers to report suspicious activities Oredola Adeola The Ibadan Electricity Distribution Company (IBEDC) Plc has implemented measures to ensure network stability, swift fault resolution, and uninterrupted power supply to meet customer…

December 23, 2024Distribution Finance Gas Generation Impact News Power Special Project Transmission

Power Consumer Assistance Fund: Vital lifeline to avert NESI’s persistent liquidity crisis

… ending blanket electricity subsidy, with ₦5,000 monthly relief worth 25 kWh for low-income households … activation of PCAF, full cost-reflective tariffs by Q1, 2025 Adetayo Adegbemle Nigeria’s Electricity Supply Industry (NESI) is grappling with persistent financial instability, largely driven…

December 22, 2024Distribution Impact News Power

EKEDC’s Lekki-Ajah customers to enjoy improved power supply, as TCN upgrades substation to 195MVA

…with commissioning of 1x75MVA transformer at Lekki …more supply to New Maroko, Cheview Estate, Lekki, surrounding areas Oredola Adeola The Transmission Company of Nigeria (TCN) has successfully commissioned a 1×60/75 MVA 132/33KV power transformer at the 330/132/33kV Lekki…

December 19, 2024Distribution Generation News Power Transmission

NERC transfers electricity oversight to Lagos, 2 weeks after Sanwo- Olu signed electricity bill

…orders EKEDC, Ikeja Electric to create subsidiaries for Lagos electricity market. … Lagos joins list as 8th state approved by NERC Oredola Adeola Two weeks after Lagos State Governor Babajide Sanwo-Olu signed the Lagos Electricity Bill 2024 into law,…

December 16, 2024Distribution Energy Transition Finance Generation News Power Renewables Sustainability

NERC mandates AFUR tariff tool for mini-grid developers, effective Dec. 16

… aims to drive cost-reflective pricing for dedicated power generation facilities Oredola Adeola As part of efforts to establish cost-reflective tariffs for dedicated power generation facilities, the Nigerian Electricity Regulatory Commission (NERC) has directed all mini-grid developers in…