Business Hilights

Tracking Nigeria's Headline Business News Online

Distribution Companies (Discos)

Inability to grid generated power worst challenge of electricity—BH Survey

—No plan insight to remedy situation Two months long investigations by Business Hilights Intelligence Unit (BHIU), have revealed that the biggest problem hobbling power supplies across the country remains grid infrastructure to aid transmission and nothing serious is being made…

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….

FG to export unevacuated power to ECOWAS states

The federal government may have idealized a strategy to sale excess volumes of generated electricity by Gencos, than allowing the powers to stock away at plants. Nigeria currently generates well over 7,000MW, but can only distribute less than 4,500MW, leaving…

NERC begins strategic stakeholders’ consultations on way out of Discos funding crisis

Fresh details have emerged revealing that government is now closing in on how best to resolve the intractable funding crisis rocking virtually all the 11 electricity Distribution Companies (Discos) operating in Nigeria. It would be recalled that since the unbundling…

Outdated, inadequate facilities bane of evacuating power to national grid

Fresh answers have emerged on why over 50 per cent of power so generated by Gencos are not effectively evacuated by the Transmission Company of Nigeria (TCN) to Distribution Companies (Discos), thus causing hiccups in the supply of electricity across…

Power generation investors list three problems of Discos, decry monitoring gap

The leadership of Association of Power Generating Companies (APGC), has listed three key challenges frustrating the Nigerian power sector since the sector was privatized. The group however placed, more emphasis on Distribution Companies (Discos). In an interview, the Executive Secretary…

How power sector lost N1.43 bn on June 17 to gas, grid disruptions

Fresh figures statistics released by the Presidential Advisory Power Team (PAPT) overseen by the Acting President, Yemi Osinbajo on Wednesday revealed that the nation’s power sector lost about N1.43 billion to constraints associated with grid and gas in one day…

More confusion trail power distribution as Discos demand tariff hike, Gencos cry for debts

The growing confusion in the nation’s power sector may be getting out hand when latest developments in the industry are pout on the table. Before now, the Distribution Companies (Discos) had been calling for tariff hike which was not allowed….