Darkness imminent as Gencos plot force majeure on N600bn debt, NBET issue
In view of the volume of debts rising to N600bn owed electricity generation companies (Gencos), they are currently weighing the declaration of inability to continue business which will translate to nationwide blackout. A top official of the group confided in…
Gencos: Planned review of licencing conditions stalls new applications
…Clears 65 firms for Discos meter financing, installation Considering the observation that several licensed power Generation Companies (GenCos) may have not leaved up to expectations, the federal government has announced suspension of further consideration of new licence applications. This is…
Sahara Power Forum seeks cooperation among stakeholders in power industry
Delegates at the maiden edition of the Sahara Power Roundtable, a high-powered forum including stakeholders, government policymakers, industry operators across the sub-sector as well as representatives of Consumer Advocacy groups have agreed to develop fresh roadmap for the sector. According…
