FG issues N590bn bond to settle GenCos debt
The Federal Government has issued the first N590 billion bond under the presidential power sector debt reduction programme.
On…
Browsing Tag
Gencos
FG, GenCos agree on implementation framework for ₦4trn debt
The Federal Government, in collaboration with power-generating companies, has concluded a payment framework for the presidential…
National Grid: FG threatens to disconnect GenCos, gives reason
The Federal government has issued a warning to power generation companies connected to the national grid, threatening…
NMDPRA refute claims of stopping Gas supply to GenCos
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has refuted claims that it issued a directive to…
GenCos Lose N1.9bn in One Day to Gas Shortage, Others
Electricity Generation Companies (GenCos), which make use of both gas-fired and hydro-stations, have lamented that couldn’t…
GenCos threaten to shut down power generation supply
The Power Generation Companies (GenCos), have threatened to
shut down power generation supply if pressing issues in the sector…
GenCos release 3,631MWH of electricity to national grid
Electricity Generation Companies (GenCos), comprising gas-fired and
hydro stations, said they released an average of 3,631…
FG denies plans to stop payment of shortfalls to GenCos
The Ministry of Power, Works and Housing on Wednesday denied that the Federal Government has stopped the payment of shortfalls to…