Economy News Extra Latest News Power/Electricity

GenCos Lament Policy Constraints To Capacity Optimisation

Power generation companies (GenCos)  in the country have decried some of the regulatory policy regime on the sector which now made it impossible for their plants to operate optimally and threatening their investments. Making the position of the GenCos known in an email to some journalists, the Executive Secretary, Association of Power Generation Companies (), […]

Latest News Power/Electricity

GenCos List Conditions To Avert Blackout Nationwide

Power generation companies (GenCos) in the country have listed six conditions that must be met by the Federal Government in order to avert a nationwide blackout. The first condition set by the GenCos for immediate consideration of the government is the payment of the outstanding balance due to them under the N213 billion Nigeria Electricity […]

Latest News Power/Electricity

GENCOs Threaten Blackout Over Grid Mgt Hiccups

Electricity Generating Companies (GenCos) have threatened to shut down their plants over what they described as inefficient grid management and associated costs on their operations. The GenCos gave the warning in a document signed by the Executive Secretary, Association of Power Generation Companies (APGC), Dr. Joy Ogaji, linking load shedding and power fluctuations and the attendant […]