Tag: GENCOs
FG pegs electricity debt at N4trn, GenCos Insist on N6.3trn
The Federal Government and power generation companies (GenCos) are in a serious disagreement over how much money is owed in…
GenCos shut down as Nigeria’s power crisis deepens
The Association of Power Generation Companies (APGC) said the situation is making it difficult for GenCos to maintain their equipment,…
Tinubu vows to address ₦4trn Power Sector debt in meeting with GENCOs
The President emphasized a market-driven electricity sector, noting, “This is a longstanding issue that is now being dealt with. I…
N4trn debt: Tinubu to meet with GenCos leadership
Adelabu called for collaboration with GenCos to educate Nigerians on electricity use and payment realities, as part of efforts to…
Electricity: GenCos urges FG to pay debts
Bello said: "GenCos are constrained to issue this release to draw the attention of the Federal Government and key stakeholders…
Unsteady power supply: Senate probes GenCos,DisCos
The Committee on Power has been mandated by the Senate to investigate the activities of power generating and distribution companies…
GenCos release 3,480 MWH of electricity
Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations said they released an average of 3,480 MegaWatts of electricity into…
GenCos release 3,919MW of electricity on June 3 – Report
Electricity Generating Companies (GenCos) comprising gas-fired and hydro stations released an average of 3, 919 MegaWatts (MW) of power into…
FG denies plans to stop payment of shortfalls to GenCos
The Ministry of Power, Works and Housing on Wednesday denied that the Federal Government has stopped the payment of shortfalls…
GenCos yet to receive payment for electricity since June – Official
The Association of Power Generation Companies (APGC) says power Generation Companies (GenCos) have not received payment for electricity generated since…
Reps probe power generation, distribution companies
The House of Representatives on Tuesday mandated its Committee on Privatisation and Commercialisation to investigate the investments and pledges made…
Saraki mandates senate committee, CBN to settle GENCOs debt
Nigeria’s senate president, Bukola Saraki has mandated the Senate Committee on Power to liaise with the Central Bank of Nigeria…
Estimated billings: NERC asks consumers to complain to its office
The Nigerian Electricity Regulatory Commission (NERC) on Wednesday asked consumers whose Distribution Companies (DISCOS) over-billed them through estimated bills tocomplain…
Loss making Nigerian power firms stall market take off
The Nigerian Electricity Regulatory Commission (NERC) has announced the postponement of the take-off of the Transitional Electricity Market (TEM), after…