Federal Government should increase the number of Power Generation plants- Experts

To increase access of Nigerians to electricity, operators in the power generation segment have urged the Federal Government to intensify the penetration of embedded power plants in the country. Embedded generation can be described as the small scale production of power connected within the electricity distribution network, located close to the place of consumption. The[...]

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Discovery: 240,000 illegal consumers in Power Disco Network

The Abuja electricity distribution company (Disco) which distributes electricity to the Federal Capital Territory (FCT), Kogi, Nasarawa and parts of Niger states has reported that up to 240,000 people are illegally connected to its network, and consuming electricity unlawfully. The Disco also disclosed that in nine of the 32 areas of its network, where it[...]

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Chinese Lender to Finance NNPC Pipeline Project with over 2billion

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has disclosed that the corporation has agreed to a $2.5 billion financing with a Chinese lender for pipeline project in Nigeria. Kyari also said that the attacks on Saudi Arabia’s crude processing plant and fields can be a “big challenge” for[...]

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Nigerian Power Generation has dropped by over 3000 MegaWatts!

The continued instability of Nigeria’s national electricity grid has reportedly forced eight power generation companies (Gencos) of the National Integrated Power Projects (NIPPs) to cut down their average expected daily power production levels from a whopping 4694 megawatts (MW) to a mere 493MW, an operations status report obtained yesterday by THISDAY has disclosed. Exclusively obtained[...]

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Federal Government to renovate refineries and meet 2023 target

To achieve its 2023 target of ensuring local refineries operate optimally, the Federal Government has said it has begun the overhauling of the facilities, commencing with the Port Harcourt refinery. Giving itself a three-year deadline, the Nigerian National Petroleum Corporation (NNPC), said it plans to review operations of the refineries, support condensate plants, and open[...]

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A fuel management instrument has been introduced for SMEs by E360!

Energy360 Africa, a data analytics and technology solutions company that deals in technologies for the downstream oil and gas sector, has unveiled new fuel management systems to help small, medium and large businesses optimise fuel consumption. The new technology includes Smart Eye, which is an automatic tank gauging system that can be utilized by fuel[...]

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UAE set to launch Premier Nuclear Power plant by 2020

The UAE's first nuclear power station is set to start operating by early 2020, Nawah Energy Company said on Monday. In a statement announcing the award of a maintenance contract for the Barakah Nuclear Energy Plant, Nawah said it is preparing to commence operations of the first unit between the end of 2019 and early[...]

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The Ikeja Electrical Distribution Centre has decided to Finally Service IKD residents with some Prepaid Meter

In a statement on Monday, Felix Ofulue, the company’s head of corporate communications, said the deployment will commence on June 17 following the successful registration and subscription for meters customers across the area. According to the electricity distribution company (DisCo), the deployment and installation of prepaid meters to customers in the area will be carried[...]

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Dubai Electricity to Pioneer Floating Buildings from Futuristic Cartoons

Floating solar photovoltaic plants could soon be built in the Arabian Gulf. Dubai Electricity and Water Authority (DEWA) has issued a request for proposal (RFP) for consultants to study, develop and construct the plants. Saeed Mohammed Al Tayer, MD and CEO of DEWA, said: “Floating photovoltaic systems are one of the most prominent emerging technologies[...]

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Scheme or Scam, the Nigerian Prepaid Meter!

A year ago, the electricity regulatory body introduced a regulation directing power distribution companies (DisCos) to supply consumers with more prepaid meters. How well has this worked? TheCable, in an investigation spanning across 33 communities in 10 states, finds out that power consumers think whole scheme is a scam. Caroline Aku, a housewife, lives in[...]

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FG to halt bailout for power firms, asks GenCos to find more customers

The federal government has asked power generation companies (GenCos) to find eligible customers for its product as the payment for shortfalls might end soon. Speaking at a workshop on eligible customer regulation in Abuja on Tuesday, Louis Edozien, permanent secretary of the ministry of power, works and housing, said it is no longer sustainable for[...]

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