Browsing: GENCOS

FG to Raise N1.23trn in 4 Months to Clear Gencos , Gas Debts The Federal Government says it will raise…

FG Sets Up Committee to Clear GenCos’ Outstanding Debts The Federal Government has constituted a committee to address the payment…

Federal Govt. Rolls Out N4trn Bond To Settle Gencos’ Arrears The Federal Government has finalised implementation frameworks for a ₦4…

Tinubu to Meet GenCos Over N4trn Debt-Minister The Minister of Power, Mr Adebayo Adelabu on Sunday said that a meeting…

FG Planning on Offsetting N4trn Debt Owed GenCos The Federal Government says plans were on the way to offset the…

The Minister of Power, Chief Adebayo Adelabu yesterday disclosed that the Federal Government has paid N205 billion to electricity generation companies

NBET to Exit Electricity Market as NERC Licence Multiple Firms The Nigerian Bulk Electricity Trading Plc (NBET), is set to…

Power Generation Companies (GenCos), have appealed to the Federal Government and key stakeholders to settle electricity debts owned them for electricity generation to enable them remain in business.

Reps panel summons Discos, Gencos over failure to perform social responsibility

Some experts in the power industry have urged the Federal Government to prioritise investment in modern power infrastructure to mitigate frequent system