GURARA HYDRO POWER PROJECT RECEIVES A BOOST

Federal Executive Council (FEC) has approved a $1 billion loan from the Chinese EXIM Bank for the 360 megawatts capacity Gurara II hydro power project, which was abandoned for 17 years. Council also approved the procurement of 200,217 meters by Yola Electricity Distribution Company under the Meter Asset Providers Scheme. This was disclosed by the…

NEMSA TRAINS 60 STAFF ON ISO 9001:2015 IMPLEMENTATION

The Nigerian Electricity Management Services Agency (NEMSA) have began the training of over 60 staff on ISO 9001:2015, to ensure that products and services of the Agency consistently meet electricity customers requirements. International Organization for Standardization (ISO) is a global body established in 1947 with the responsibility of developing quality standards for products and services…

FG CONCESSIONS 750KW SOLAR POWER TO PROSERVE ENERGY

  The Federal Government has concessioned the 750 kilowatts (KW) solar power system that will energize the Federal Ministry of Power, Works and Housing (Power Sector) building in Abuja for 10 years to Proserve Energy Services Limited. The Power Purchase and Concession Agreements were presented to the Infrastructure Concession Regulatory Commission (ICRC), Thursday. The Permanent…

PRESIDENT BUHARI COMMISSIONS ARIARIA MARKET IPP

  President Muhammadu Buhari Tuesday commissioned the Ariaria Market’s 9.5 megawatts (MW) capacity Independent Power Project, built by a private consortium under the Energizing Economies Initiative (EEI) of the Rural Electrification Agency (REA) to supply electricity to up to 47,000 shops and small businesses operating at the Ariaria International Market in Aba, Abia State. The…

PSRP CONTINUES…

Our focus this week on the Power Sector Recovery Programme is on the tenth “Action Steps towards PSRP Intervention Implementation”.  Which is, Restore proper sector governance: Restore proper sector governance to improve investor confidence. The Action steps towards implementation include: Current BPE directors in DisCio Boards are replaced by qualified independent professionals through a transparent process.…