African Infrastructure Investment Managers (AIIM), one of Africa’s largest infrastructure-focused private equity fund managers and a member of Old Mutual Alternative Investments (OMAI), has acquired through its IDEAS Managed Fund – stakes in nine new solar and wind power plants in South Africa. When all nine power facilities are fully operational, expected at the end…
The Rural Electrification Agency has been awarded a Certificate of Compliance in accordance with the ICRC Act, 2005 & the National Policy on PPP for the deployment of Mini-grids and SHS. “We are glad to announce that the Infrastructure Concession and Regulatory Commission (ICRC) has issued the Rural Electrification Agency (REA) a Joint Outline and…
An African electricity supplier has teamed up with the state-owned Nigerian Bank of Agriculture to equip its branches with solar power and boost energy access across the country. Daystar Power and Nigerian Bank of Agriculture have agreed to co-operate to electrify the nation’s rural regions, where it says a “large gap” between electricity production and…
The Transmission Company of Nigeria (TCN) has promised that it would attain the capacity to transmit 20,000 megawatts of electricity to Nigerians by 2021. TCN’s Managing Director, Mr. Usman Mohammed gave the assurance Monday during the inauguration of the 1x60MVA, 132/33KV transformer substation in Akure, Ondo State capital. He said the inauguration was in line…
The Transmission Company of Nigeria, TCN, has reinstated that localising tripping in the power sector chain is not the company’s affair. This is coming against the backdrop of the recent allegation by Benin Electricity Distribution Company, BEDC, allegation that the National Grid was highly unstable, with over 2,000 tripping in its network between January and…
Ibadan Electricity Distribution Company (IBEDisCo) said it has invested over N15.5 billion in major capital projects for the upgrading of infrastructural facilities in the last six months. The company’s Managing Director, John Donnachie, who said this at the weekend, added that the investment covered supply of 10,000 Distribution Transformer (DT) meters at N4bn. The meters,…
Ibadan DisCo tasks customers on safety during Eid-el-kabir wishes Muslims happy Sallah celebration The Board, Management of Ibadan Electricity Distribution Company (IBEDC) on Tuesday urged its customers to avoid illegal connections during the festive season and embraced safety at all time. Mrs Angel Olarenwaju, Head, Brands and Communications Strategy of the company made the appeal…
The Enugu Electricity Distribution Company on Monday assured its customers of 24-hour technical support during and after the Eid-el-Kabir celebration to ensure steady power supply. Its Head of Communications, Emeka Ezeh, gave the assurance in Enugu. The Federal Government has declared August 21 and August 22 as public holidays to celebrate the Sallah. EEDC said…
Electricity Distribution Companies (DisCos) have faulted the National Control Centre’s (NCC’s) directive to generation companies (GenCos) to generate electricity below the optimal level. They said it is a major hindrance to the nation’s drive towards efficient power supply. This, they argued, is because of the low transmission capacity in the country. Association of Electricity Distributors…
The Electricity Distribution Companies (DisCos), at the weekend identified low power transmission as a fallout of persistent directives from the National Control Centre (NCC), to Generation Companies to generate electricity below the optimal level, as a major impediment to the nation’s drive to the efficient power supply. Executive Director, Research and Advocacy, Association of Electricity…
