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Firm develops equipment to fix power grid faults, restore power in minutes

Reading Time: 2 minutes Image Credits: High-tension electrical power lines are seen at the Azura-Edo Independent Power Plant (IPP) on the outskirt of Benin City in Edo state, Nigeria., REUTERS/Temilade Adelaja. Schneider Electric has developed intelligent equipment that will help electricity distribution companies (DISCOs) and others to fix major faults in the nation’s grid system and restore power after Read More…

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DisCos advocate CBN-funded massive roll-out of meters to address power challenge

Reading Time: 2 minutes Power Distribution Companies (DisCos) have advocated a Central Bank-funded massive meters roll-out project, to ensure that electricity customers were adequately metered. The DisCos said on Thursday in Abuja that the massive roll-out of meters would assist in the full take off of the proposed Service Reflective Tariff (SRT). Mr Sunday Oduntan, Executive Director, Research and Read More…

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DisCos seek FG’s intervention on gas pricing for power generation

Reading Time: 2 minutes Image Credits: Akintunde Akinleye/Reuters. Electricity Distribution Companies (DisCos) have appealed to the Federal Government to intervene in gas pricing for power generation to ensure effective service delivery.  Mr Sunday Oduntan, the Executive Director Research and Advocacy, Association of Nigerian Electricity Distributors (ANED),   made the call in a statement in Abuja on Saturday. Oduntan said that the Read More…

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DISCOs seek FG’s intervention on import duty for meters

Reading Time: 2 minutes The Electricity Distribution Companies (DISCOs) have urged the Federal Government to intervene in the heavy import duties they used to pay  for imported meters. They said that such an  intervention would help   to mitigate delays they usually encountered when clearing meters  at  the ports in a statement signed by Mr Sunday Oduntan on Friday in Read More…