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Tag Archives: Transmission Company of Nigeria

FG may have not released half of the N50b appropriated for transmission in 2016 —ANED

TCN

Facts are beginning to come up on why the Transmission Company of Nigeria (TCN) may have been running from pillar to post looking for funding in the last one year for its activities. The Director, Advocacy and Research at Association of Nigerian Electricity Distributors (ANED), Mr. Sunday Oduntan, explained in a statement issued in Abuja that the main constraints hampering ...

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Gencos running out of funds, debts surge, nationwide darkness looms

fashola switches op transmiter

The reason for the growing light outs in parts of the country has emerged. The members of Association of Power Generation Companies of Nigeria (APGCN), have said they can no longer sustain their operations, due to high outstanding debts. They noted that currently, members are operating at a loss; as the percentage of revenues received does not cover their operating ...

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TCN has driven national grid capacity from 500 MWs in 2013, to 6,500 MW

fashola switches op transmiter

Contrary to speculations in some quarters that the Transmission Company of Nigeria (TCN) has become the main challenge in the process of power development in Nigeria, the company wholly owned by the federal government has reacted, saying it has done well in line with the Act establishing it in the last three years. The General Manager, Public Affairs, Seun Olagunju, ...

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Power generation rises to 4,303MW as sector lose N1.2bn to gas crisis in a day

dam scheme

Details from the daily electricity generation report from the Transmission Company of Nigeria (TCN) Wednesday showed that Electricity generation yesterday rose to 4,232.6 Megawatts (MW), an appreciable improvement from the 3,500 MW recorded in the last two months. This is as analysis from the Nigerian Electricity Supply Industry (NESI) Statistics showed that the power sector lost an estimated N1.2 billion ...

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Transcorp Power mulls 25% electricity need, commissions $28.3m gas turbine

elumelu

Leading blue chip, Transcorp Plc, has revealed fresh plans to generate up to 25 per cent of its total power capacity before the end of the 2018 as it inaugurates new $28.3m gas turbine. Transcorp Power Limited is a subsidiary of Transcorp Plc. In a statement, it said the power company has commissioned its 115 megawatt (MW) Gas Turbine 15 ...

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Compelling MDAs, others to pay arrears of bills better than N701bn intervention—ANED

ANED

The leadership of the Association of Nigerian Electricity Distributors (ANED), an advocacy group has viewed the recent N701bn intervention fund floated by the federal government as dangerous bait even though it will go a long way in funding repairs, expansion and infrastructures. Analysts say the fund would solve N300 billion energy supply liabilities, rehabilitate and replace faulty or old turbines ...

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Ikeja Electric clarifies announcement, says no total blackout during repairs

Ikeja Electric

Contrary to speculations that the planned maintenance exercise to be carried out by Transmission Company of Nigeria in Ikeja undertaking would cause total blackout, the company Tuesday made some clarifications, saying there would be only momentary supplies within the period. This may have stemmed from rising condemnations of total blackout by power users on the axis since last week. Ikeja ...

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