Egbin Power, Nigeria’s leading power generation company, has underscored the invaluable contributions of women in the power sector and across facets of society, emphasizing the need for increased participation to foster a sustainable future. The Genco issued this call to action at a colourful event organised to honour women in the company and across the […]Read More
Nigeria is taking bold steps to revive its faltering power sector, aiming to attract $15 billion in private investments while keeping its most vulnerable citizens in mind. At a World Bank energy summit in Tanzania, the government outlined a plan that combines higher electricity tariffs with fresh subsidies to ease the burden on households. Under the proposal, […]Read More
Delegates attend the Africa Energy Summit in Dar es Salaam, Tanzania January 27, 2025. REUTERS/Emmanuel Herman DAR ES SALAAM, Jan 27 (Reuters) – Several African nations committed on Monday to open up their electricity sectors to attract investors and light up homes of 300 million people currently lacking power in the next six years. The […]Read More
Nigeria and some other African countries are set to be beneficiaries of $90 billion in electricity funds backed by the World Bank and the African Development Bank. The fund is part of the global financial institution’s plan to provide electricity to the 300 million African population by 2023, a Bloomberg report revealed. On Friday, leading […]Read More
The Nigerian Electricity Regulatory Commission (NERC) has mandated all electricity distribution companies (DisCos) in Nigeria to procure at least 10 percent of their contracted energy offtake from embedded generation sources, half of which must be procured from renewable energy sources. This is expected to be made available by April 1, 2025. For example, Abuja Disco […]Read More
The Management of Ibadan Electricity Distribution Company (IBEDC) Plc, has disconnected the power supply to the University of Ibadan College Hospital (UCH) due to an outstanding debt exceeding N400 million Naira, the DisCo said in a release. In the statement obtained by EnergyPlanets, this drastic measure comes after exhaustive attempts to engage with the hospital’s […]Read More
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