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Power generation: Only 25 of 160 licensed GenCos operating - APGC

Power generation: Only 25 of 160 licensed GenCos operating - APGC
nairametrics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nairametrics.com Daily Mail and Mail on Sunday newspapers.

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Temperature Monitoring Systems Market Key Companies, Business Opportunities, Competitive Landscape and Industry Analysis Research Report by 2027

Temperature Monitoring Systems Market Key Companies, Business Opportunities, Competitive Landscape and Industry Analysis Research Report by 2027
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Discoms' outstanding dues to power gencos rise nearly 17 per cent to Rs 1.02 lakh crore in February

Discoms outstanding dues to power gencos rise nearly 17 per cent to Rs 1.02 lakh crore in February
Overdue of independent power producers amount to 46.31 per cent of the total overdue of Rs 91,549 crore of discoms in February.
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By PTI
NEW DELHI: Total dues owed by electricity distribution companies to power producers rose nearly 17 per cent to Rs 1,02,684 crore in February this year, reflecting persistent stress in the sector.
Distribution companies (discoms) owed a total of Rs 87,888 crore to power generation firms in February 2020, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators). ....

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Liquidity: Electricity sector generates N272.47bn in six months

Liquidity: Electricity sector generates N272.47bn in six months
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DISCOs collection efficiency Q3’20
By Obas Esiedesa
Electricity market revenue grew by 10.55 per cent to N272.47 billion in the second half (July-December) 2020, compared to N246.46 billion generated in the corresponding period of 2019, according to the latest industry data obtained by Energy Vanguard.
The growth followed an intervention from the Presidency through the Central Bank of Nigeria, which imposed restriction on revenue collection bank accounts of Electricity Distribution Companies, DisCos.
The intervention meant that the bank accounts were locked, with cash allowed to come in but withdrawals by DisCos blocked.
Over the years, the DisCos have been accused by other industry operators of spending the industry’s revenue on their own operations to the detriment of others. ....

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Discoms outstanding dues to power gencos rise nearly 24pc to Rs 1 lakh 36000 crore in Dec | बकाया दिसंबर में करीब 24% बढ़कर 1.36 लाख करोड़ रुपए पर पहुंचा

Discoms outstanding dues to power gencos rise nearly 24pc to Rs 1 lakh 36000 crore in Dec | बकाया दिसंबर में करीब 24% बढ़कर 1.36 लाख करोड़ रुपए पर पहुंचा
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