Tag Archives: TCN


Why Discos Want Cost-Reflective Electricity Tariffs

Why Discos Want Cost-Reflective Electricity Tariffs

There is the impression out there that the new utility owners are not doing enough to improve service. What challenges do Discos face? Every investor that invests in a business will want to do it well so that they can make profit. The more electricity we distribute, the more profit we shall make. It is

Egbin Power Plant Generation Drops To 660 Megawatts

Power generation has dropped from 813 megawatts to 660 at the Egbin Power Plant in Lagos State, an official said on Tuesday. The plant, the nation’s biggest power generating outfit, has the capacity to contribute about 1,000 megawatts to the national grid. An authoritative source at the plant told the News Agency of Nigeria (NAN)


Federal Government Misses 5,000Mw Electricity Generation Target

The Federal Government has failed to meet its target of generating and supplying 5,000 megawatts (Mw) of electricity to Nigerians by end of this year. Today is the last day of 2014. Although there is a slight improvement in the generated power, it is still 887.71Mw less than the promised target. But the Transition Electricity


Transmission Company of Nigeria Fails to Send out 72.01MW

The Transmission Company of Nigeria (TCN) has again failed to wheel 72.01megawatts (MW) out of the 3,556.70MW, generated by the generation companies (Gencos). The data obtained from the Federal Ministry of Power, posted on its website yesterday, indicated that TCN could only evacuate 3,484.69MW of the total generated power on October 2. The statistic also

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FG Earmarks N752billion for Power Transmission Projects

The sum of N752bn ($4.7bn) has been earmarked by the Federal Government for the expansion of power transmission projects across the country over the next five years. Vice President Namadi Sambo, who officially inaugurated the National Council on Power in Abuja on Thursday, disclosed that the sum was to ensure that the Transmission Company of

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Transmission Company Set To Inject $8bn To Boost Electricity

Transmission Company of Nigeria (TCN) plans to inject $8 billion to upgrade its operations to achieve 20,000 megawatts electricity supply, its Executive Director, Mr Mohammed Shaike said in a statement on Monday. Mr Shaike’s statement is coming days after the company received members of the Senate Committee on Privatisation, led by its Chairman, Senator Olugbenga


Nebo Commissions TCN, NIBSS, Power Collect Centre in Abuja

Abuja — Minister of Power, Professor Chinedu has commissioned the first ever market operation centre for the Transmission Company of Nigeria [TCN], the Nigeria Inter-Bank Settlement System Plc [NIBSS] and Power Collect in Abuja. This centre is seen as one of the major breakthrough ever recorded by government since the transformation of that sector began.

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Govt Approves N300m for TCN Equipment Rehabilitation

THE Director-General, Bureau of Public Enterprises (BPE), Benjamin Dikki, on Wednesday said that about N300 million has been approved for the infrastructure development needs of the Transmission Company of Nigeria (TCN). Dikki made the disclosure in an address at the post-monitoring of IKeja Electricity Distribution Company (IKEDC) activities in Lagos. He reassured Nigerians that the

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