(Special Report) Revocation of Discos’ licences very close by
Going by the strong signals transmitted from this week’s Federal Executive Council (FEC) meeting on Wednesday, announcement of the revocation of electricity distribution companies (Discos) licenses any moment from now would not be any surprise to Nigerians. This assumption stemmed…
Another look at preconditions for direct power purchase from Gencos
As part of efforts to stop the ongoing rejection of loads by Distribution Companies (Discos) from Generation Companies (Gencos), the federal government has agreed the bulk sales of power direct to heavy users, a development so much loved by Gencos….
Gencos now reducing generation due to rejection by Discos
To limit increasing wastages due to growing rejection of loads by power Distribution companies (Discos), some power Generation companies (Gencos) has started reducing investments in power generation as part of cost economics. Leading hydro electric power producers, Jebba and Kainji…