Posts Tagged “Discos”

NERC approves mini-grids for Discos

By |

NERC approves mini-grids for Discos

October 9, 2016 by Rasheed Bisiriyu and ’Femi Asu Originally published on Punch. Power distribution firms will soon begin the development of mini-grids to augment electricity supply to households, businesses and institutions in the country, the Nigerian Electricity Regulatory Commission has said. This came amid a report from the System Operator that the total electricity…

Read more »

NBET calms solar plant developers fears on payment, transmission issues

By |

NBET calms solar plant developers fears on payment, transmission issues

September 7, 2016 by Editor Originally published on EnergyMix Report. Following the recent signing of power purchase agreements (PPAs) between the Federal Government and 14 front-line solar developers to generate about 1,125 megawatts through solar plants to the national grid, Waziri Bintube, the acting Managing Director of the Nigerian Bulk Electricity Trading Plc (NBET), recently clarified…

Read more »

NERC: FG Has Made Adjustments to Promote Renewable Energy

By |

NERC: FG Has Made Adjustments to Promote Renewable Energy

August 30, 2016 by Chineme Okafor Originally published on This Day. The Nigerian Electricity Regulatory Commission (NERC) has said that it has made remarkable adjustments to accommodate and promote investments in Nigeria’s renewable energy sector. In a presentation at the recent second edition of the Nextier Power Dialogue in Abuja, the regulatory agency identified some…

Read more »

Mini grids best for power sector – Ex-minister, others

By |

Mini grids best for power sector – Ex-minister, others

August 23, 2016 by Femi Asu Originally published on Punch. Stakeholders in the power sector, including a former Minister of Power and Chief Executive Officer of Geometric Power, Prof. Bart Nnaji, have suggested that mini grids should be created in the country rather than depending solely on the national grid. They said the creation of…

Read more »

Power Africa Initiative trains key government agencies on PPAs, PCOAs

By |

Power Africa Initiative trains key government agencies on PPAs, PCOAs

August 22, 2016 by Chineme Okafor Originally published on This Day. The Nigerian Bulk Electricity Trading Plc (NBET) and Central Bank of Nigeria (CBN) are currently negotiating new financial stimulus worth N180 billion to support electricity operators in Nigeria’s power sector, THISDAY has learnt. The paper gathered from an exclusive interview with the acting Managing…

Read more »

FG Says Nigerians Need To Conserve Energy To Achieve Stable Power

By |

FG Says Nigerians Need To Conserve Energy To Achieve Stable Power

August 8, 2016 by Channels Originally published on Channels TV. A stable power supply can be achieved in Nigeria if consumers learn to conserve energy, a top government official said on Monday. In a power sector stakeholders meeting in Maiduguri, the Minister of power, works and housing Babatunde Fashola claimed that increased power supply experienced…

Read more »

Eko Disco notes long-term need for increased renewable power

By |

Eko Disco notes long-term need for increased renewable power

August 1, 2016 by Sunday Michael Ogwu Originally published on Daily Trust. Nigeria requires about 88,282 Mega Watts (MW) of electricity to meet the demand of its fast growing economy by 2020, Managing Director of Eko Electricity Distribution Company, Mr. Oladele Amoda, has said. Amoda,who disclosed this at a forum in Lagos, urged the nation…

Read more »

Nigeria’s Leap Towards Solar Energy

By |

Nigeria’s Leap Towards Solar Energy

July 19, 2016 by Chineme Okafor Originally published on This Day. The recent signing of power purchase agreements between the federal government and 12 firms for the construction of solar power plants in eight states that will generate 975MW of electricity is a good development for Nigeria’s energy mix, given the incessant disruption of gas supply…

Read more »

Nigeria: In search of stable power supply

By |

Nigeria: In search of stable power supply

July 18, 2016 by Esther Awoniyi Originally published on CNBC Africa. Years after Nigeria privatised its power sector, Nigerians are yet to reap the benefits of private sector reforms. National electricity output continues to hover below 4,000 megawatts in a country of over 170 million people. Although investors who acquired power assets on November 1, 2013…

Read more »

Government assures of improved solar-powered electricity

By |

Government assures of improved solar-powered electricity

July 12, 2016 by Alemma-Ozioruva Aliu Originally published on The Guardian. The Minister of Power, Works and Housing, Babatunde Fashola, yesterday assured of affordable and improved electricity supply through solar energy. The minister said this in Benin City, Edo State at the opening of 7th stakeholders meeting of the power sector. He asked the people…

Read more »