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Company News

January 20, 2025
  • Company News
  • By kadunaelectric
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AfDB, PowerGen to generate 120MW of renewable energy

PowerGen Renewable Energy has partnered with the African Development Bank and other leading international investors to establish a scalable, distributed renewable energy platform. The platform targets deploying 120 megawatts of renewable power in Nigeria and other African countries, including battery energy storage. In a statement on Sunday, PowerGen disclosed that the platform is also a […]

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January 20, 2025
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Blackout: Over 18 transmission towers vandalised in five days – TCN

The Transmission Company of Nigeria has said that over 18 transmission towers were vandalized between January 9 and 14, 2025.The company disclosed this in a statement on Sunday by its spokesperson, Ndidi Mbah. According to TCN, the incident happened in Rivers, Abia, and Kano States.TCN said that the incessant attacks posed a serious threat to […]

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January 16, 2025
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  • By kadunaelectric
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Dr. Umar Hashidu Hosts Ningbo Sanxing for DISREP Meter Supply

The MD/CEO, Dr. Umar Hashidu receives Ningbo Sanxing, a contractor supplying meters for the DISREP phase 1 project at his office today, 16/01/2025.

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January 16, 2025
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  • By kadunaelectric
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NERC Grants 375.63MW Off-Grid Licenses to Companies in 9 Months

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January 16, 2025
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FG Prioritizes Enhanced Security Measures for Power Installations

https://punchng.com/fg-seeks-enhanced-security-for-power-installations

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January 15, 2025
  • Company News, General Information
  • By kadunaelectric
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Underfunding, huge debts, root causes of power sector failure

…As supply falls below 4,000MW…Creates more hurdles for households, businesses…NERC orders Fidelity Bank to divest…Power sector outlook gloomy – CPPE…Power Consumer Assistance Fund is key — PowerUp Nigeria By Udeme Akpan, Energy Editor The poor financial capacities of Electricity Distribution Companies, DisCos, their huge indebtedness, and takeover by financial institutions, are currently militating against the […]

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January 15, 2025
  • Company News, Default
  • By kadunaelectric
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A redefining year for NESI

Wider participation in the Nigerian Electricity Supply Industry (NESI) are expected this year with the maturation of different states’ electricity commissions and sub-companies and involvement of eligible and bilateral customers, reports JOHN OFIKHENUA. To a large extent, in 2025, the success and failure of the Nigerian Electricity Supply Industry (NESI) would depend essentially on the security of […]

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January 15, 2025
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  • By kadunaelectric
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2025: Power sector reforms needed to fast track economic growth — Rewane

Renowned economist and Chief Executive Officer of Financial Derivatives Company Limited, FDC,  Bismarck Rewane, in this interview shares his outlook   for the economy   in 2025. Among other things he explains why Nigerians can’t have inflation that is lower than 25%   in 2025. He also highlights factors that will help the Naira appreciate to N1,550/$ and the imperative […]

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December 20, 2024
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Vandals damage electricity transmission line in Abuja

The Transmission Company of Nigeria has reported that one of its critical infrastructures, the Shiroro-Katampe 330kV transmission line, has been vandalised, making this incident the sixth of its kind this year. It said key components of the conductor between towers T216 and T218 were stolen by the vandals. A statement by the General Manager of […]

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December 20, 2024
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  • By kadunaelectric
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FG to invest $700m in desert-to-power project

The Federal Government says it has shifted its focus to the renewable energy sector to enhance supply to the education, health, agriculture, rural communities, and transportation sectors. It also said that deploying mini-grids to solve energy access problems in rural communities through the e-HEART project will benefit 80 million Nigerians who are estimated to lack […]

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