Power to stabilize as TCN clears abandoned 454 parts containers at seaports
After years of endless controversies, the Transmission Company of Nigeria (TCN) has announced clearance and delivery of 454 power equipment containers that were abandoned by contractors at various seaports across the country. Business Hilights gathered that the containers had been…
EU’s N7.6bn for Nigeria’s power transmission expansion excites stakeholders
Stakeholders in the nation’s power industry have hailed the recent announcement by the European Union (EU), pledging to support the expansion of Nigeria’s power transmission infrastructure with a grant of €25m (N7.6bn at the official exchange rate of N305 to…
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…
4 months after notice, Niger, Benin begin payment of electricity debts
Four months after the Nigerian Bulk Electricity Trading (NBET) Plc and the Transmission Company of Nigeria (TCN) jointly sent notice of debts to power firms of the Republics of Benin and Niger, demanding the payment of an outstanding $115.91m (about…
NASS, TCN on collusion over access to $1.5bn foreign facility
…Power sector has most abandoned contracts by FG Contrary to the allegation by House of Representatives that the Transmission Company of Nigeria (TCN) had accessed $1.5bn foreign credit facility in the last one year without due process and approvals, the…
Nationwide darkness underway as generation drops to 1,360mw
There are fears that level of power supply across the country are on the decline following record of lowest generation of 1,360 megawatts (mw) on October 15, 2017. A daily generation report from the Transmission Company of Nigeria (TCN) has…
Recapitalisation, debts reecho as ECOWAS power summit begins
The sixth Powering Africa: Nigeria 2017 Summit, with the theme: “Recapitalising Nigeria’s Power Sector,” yesterday kicked off with high expectations that solutions will be proffered in regards to nation’s energy problems. Otherwise, Distribution Companies (Discos) and Transmission Company of Nigeria…
TCN completes repairs on collapsed grid system
Chances of lager part of the country remaining in darkness for too long have been cut short following early Monday completion of repairs at the nation’s grid system which got bad last week Thursday. The Transmission Company of Nigeria (TCN)…
Manitoba left TCN worse than it met it—- Usman Mohammed
The Interim Managing Director of Transmission Company of Nigeria (TCN), Usman Mohammed, has disclosed that Manitoba Hydro International, the Canadian firm that was awarded the management contract for the CTN for four years, left the transmission company worse than it…
TCN, WAPP begins second to 330 kilovolt (kV) transmission line Benin Rep
Having observed that the first supply line is getting constrained as usage and industries surge in Benin Republic, the Transmission Company of Nigeria (TCN) and the West African Power Pool (WAPP) have initiated plans to build a second 330 kilovolt…
