Debts, power rejection disincentives capable of halting production—Discos
Transmission challenges, debt pile ups due to the yet to be checked tactics of electricity Distribution Companies (Discos) in evacuating far less than produced powers by generating Companies (Gencos) have been fingered as great disincentive to increase power generation. The…
Experts seek unbundling of Fashola’s ministry to revive power sector
As part of fresh efforts to save the nation’s power sector from total collapse, industry analysts have called on the re-elected President Muhammadu Buhari to as a matter of urgency, unbundle the Ministry of Power, Works and Housing currently managed…
Nationwide darkness imminent as Shell, Total cut gas supply to Gencos
For rising debts profiles, leading gas explorers including Shell and Total have cut off gas supplies to four gas generating (Gencos), thus forcing them to shut down production as a result of their failure to pay gas debts. It would…
