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Friday, 21st July 2023

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Home » Business » Electricity generation drops 16% to 3,501MW
Business

July 21, 2023


ELECTRICITY GENERATION DROPS 16% TO 3,501MW

By Ediri Ejoh

Nigeria’s electricity gen eration, yesterday, dropped Week-on-Week, by 16.4 per
cent to 3,501.20 megawatts, MW, from 4,187.6 MW recorded Thursday, last week.



Checks by Vanguard indicated the situation occurred because of many factors,
including the poor state of plants and low gas supply to thermal plants.

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The development has pushed the Electricity Distribution Companies, DISCOs, to
embark on load shedding in order to spread the limited electricity to many at
different times.

This is coming as the Nigerian Electricity Regulatory Commission (NERC) says
eleven electricity distribution companies, DISCOs, have filed an application for
rate review with the commission.

The request for rate review, according to NERC, is premised on the need to
incorporate changes in macroeconomic parameters and other factors affecting the
quality of service, operations and sustainability of the companies.

Meanwhile, Powercom Smart Grid Nigeria (PSGN) has announced its acquisition of
Kano Electricity Distribution
Plc(KEDCO).

PSGN is a subsidiary of Powercom and specializes in delivering an “end-to end”
Smart Grid/Smart Metering turnkey solution.

In a statement made available to Vanguard yesterday, PSGN said the acquisition
presents a significant opportunity for KEDCO to implement a comprehensive
turnaround plan aimed at improving performance and efficiency.

It stated: “PSGN Turnaround Plan encompasses a strategic approach to address the
challenges faced by KEDCO and transform it into a highly efficient and
financially viable electricity distribution company supporting 5 million
customers.



“The plan focuses on revenue enhancement, operational performance optimization,
revenue collection, customer service, and overall system reliability.PSGN will
supply KEDCO smart electricity endpoints including the full backbone
infrastructure to manage the grid.

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“The project is meant to upgrade the existing distribution grid into a modern
platform, addressing services such as: Revenue Enhancement, Reduction of Energy
Losses, Debt Recovery, Reduction of Outages, Grid Optimization, Asset Recording,
Asset Protection, Peak Load Management; Workforce Automation, reducing
operational expenditure and improving customer service. PSGN ‘turnkey’ solution
includes the Vending Platform and a Control Room with GIS visualization for grid
management.”






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ECOWAS PARLIAMENT, EAST AFRICAN LEGISLATIVE ASSEMBLY COLLABORATE TO BOOST
BUSINESS INTEGRATION


RELEASE EMEFIELE NOW, GROUP TELLS FG


INSECURITY: CONFRONTING S/EAST CHALLENGES REQUIRE HONEST, COURAGEOUS LEADERSHIP
– SENATOR ACHONU


GOV ABDULRAZAQ BUILDING NEW ECONOMY FOR YOUTH DEVT, FIGHT POVERTY –  CPS AJAKAYE


ONE OF SEVEN NIGERIANS, DOWN WITH KIDNEY FAILURE — RENOWNED NEPHROLOGIST RAISES
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any employee thereof.



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