Concerns mount as NERC presses DisCos to buy power directly from Gencos
The Nigerian Electricity Regulatory Commission's (NERC) recent directive for Distribution Companies (DisCos) to transition away from the single-buyer model contract ...
Tag: GENCOS
News and analysis about GENCOS
Nigeria Electricity Regulatory Commission asks NBET to cease trading electricity
The Nigeria Electricity Regulatory Commission (NERC) has asked the Nigeria Bulk Electricity Trading (NBET) company to forthwith desist from entering ...
FG exempts GenCos, DisCos, others from payment of withholding tax nationwide
The Federal Government has categorized all electricity companies including the generation and distribution companies (GenCos and DisCos) as part of ...
West Power and Gas, looking to sell stake in Eko DisCo for $350 million
West Power and Gas Ltd, the core investor in Eko Distribution Company, is exploring a potential equity sale of its ...
Gencos to FG: Non-payment of N2 trillion debt may halt electricity generation for Nigerians
The Power Generation Companies (GenCos) have urged the Federal Government to settle outstanding electricity debts to ensure their continued operation.
Tony Elumelu proposes special courts, name-shaming for energy thieves in Nigeria
Tony Elumelu, Chairman of the Board of Directors at Transcorp Group, has called on the Federal Government to establish special ...
FG pegs electricity supply to international customers at 6% of available grid generation
The federal government has mandated system operators in the Nigerian power industry to supply not more than 6% of total ...
Nigerian Power Minister calls for better performance from electricity companies
Mr. Adebayo Adelabu has called on the GENCOs and the DISCOs, to improve their performance to improve electricity.
Gradual power supply restored nationwide, says TCN
The Transmission Company of Nigeria has confirmed to Nairametrics that the grid is now coming back on gradually.
DisCos collected ₦247.09 billion from customers in Q1/2023
Electricity distribution companies (DisCos) collected only ₦247.09 billion in revenue out of the ₦359.38 billion billed to customers in the ...
