Tag Archives: Mr. Rumundaka Wonodi

Power firms in Nigeria lack capacity building – NBET

Power firms in Nigeria lack capacity building – NBET

Power firms operating in Nigeria, especially in the electricity distribution subsector lack requisite capacity building initiatives, the Nigerian Bulk Electricity Trading Company Plc. (NBET) has disclosed. NBET’s Managing Director/Chief Executive Officer, Mr. Rumundaka Wonodi, made the disclosure while receiving a team from Deloitte Global, an international consultancy firm, at the headquarters of the bulk trader

Power Bulk Trader to Cut PPAs Negotiations Timeline to Six Months

The Nigeria Bulk Electricity Trading (NBET) Plc said it has made some major improvements in the content of Power Purchase Agreements (PPAs) to be negotiated and deployed by potential investors for setting up greenfield power generation plants in Nigeria. NBET,  which is also referred to as the bulk trader, procures bulk electricity from generation companies


AFDB Commits $200m to Coal-to-Power Projects, Says FG

In its determination to deepen the development of the renewable energy, the African Development Bank, AFDB, has offered to provide a support to the tune of about $200 million towards the growth of coal-to-power projects in Nigeria. The Managing Director and Chief Executive of Nigerian Bulk Electricity Trading PLC, NBET, Mr. Rumundaka Wonodi, who disclosed

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