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POWER & ENERGY

Power Crisis: Minister Holds Meeting With Discos And Gencos

The worsening state of electricity supply nationwide has prompted a meeting between the Minister of Power, Prof. Chinedu Nebo,and the owners of generation and distribution companies with a view to finding a solution.

The meeting, which held in Abuja comes on the heels of additional generation capacity brought on by the recent commissioning of two National Integrated Power Projects, NIPPs, in Alaoji and Olorunsogo.

He expressed strong commitment and willingness of the Federal Government to continue to support the operations of the Generation and Distribution Companies to actualise the plans to meet the energy needs of customers in both the private and public sectors.

The Minister also stressed the need for synergy among all power sector stakeholders. Nebo, while addressing issues raised by the investors, said that the case was being made for Government to keep faith with the contractual commitment to further reduction in both commercial and technical losses, which have been a big problem in the sector over the years.

He also commended the new owners for their commitment and focus in revamping and upgrading inherited facilities, which has resulted in substantial increase in delivery capacities.

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