Tag Archives: Power Plant

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Power Supply: 39 billion naira Debt Threatens Operation of Egbin Power Plant

Power Supply: 39 billion naira Debt Threatens Operation of Egbin Power Plant

The chairman of Egbin Power Plc, Mr. Kola Adesina, on Monday raised the alarm that a debt of N39 billion owed by the Federal Government to the Egbin Power Station for the power it generated into the national grid since November 1, 2013 to date has created liquidity crisis that is hampering optimal operation of

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Nigeria to Expect Tougher Times Ahead as Egbin Delivers 300MW

Following the significant decline in power supply witnessed across the country in the last couple of days and the untold hardship it has brought upon Nigerians, there are indications that the power situation is far from improvement. Vanguard learnt that power generation had dropped from 3,000 megawatts to about 2,988.72MW. In a telephone interview with Vanguard,

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Anambra Gets $2.5bn 1500mw Power Plant Under Power Africa Initiative

Nigeria’s formal agreement to work with the government of the United States (US) to increase access to and availability of electricity in Nigeria through the US-backed Power Africa initiative will bequeath to Anambra State, a brand new 1500 megawatts (MW) thermal power plant. The new thermal power project, to be built at the cost of

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