Power distribution companies say they have capacity to take and distribute 6,288.96 megawatts of electricity, refuting the Federal Government’s claim that the Discos can only handle 5,000MW. According to them, the capacity of Discos to distribute about 6,300MW was confirmed in a study conducted by the country’s power System Operator, an arm of the Transmission […]
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Crisis rocking the power sector of the economy, yesterday, took a different dimension as Electricity Distribution Companies, DISCOs, rejected the ₦72 billion distribution networks investment being executed by the Transmission Company of Nigeria, TCN. The DISCOs, instead, argued that any investment in distribution networks without recourse to them managing the networks was wrong investment. Acting […]
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The Association of Electricity Distribution Companies (ANED) has appealed to the Federal Government to provide the N100 billion subsidy it promised after private investors took over the power sector utilities on November 1, 2013. ANED, in a statement by its Executive Director, Mr Sunny Oduntan also appealed to the government to inject funds into the […]
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