The power sector has recorded a generation capacity loss of N243 billion from January to October.
According to the data, the major challenge facing the electricity generation sub-sector is the load rejection by distribution companies (DisCos).
The data puts the current available generation capacity at 7,739 megawatts (MW), while stranded generation is 3,578MW.
“Average generation for October 2020 of 4,162MW represents the maximum monthly generation in the year 2020. Of the total constraint recorded, gas constraint accounted for 47.5%, while load rejection by DisCos accounted for 52.5%.
“Total Capacity Loss from January to October 2020: N243.82 Billion”