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FG Signs 250MW Power Sale Deal With Discos - Politics - Nairaland

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Vandals Bomb Transmission Line In Abuja, Cut Supply By 250MW / FG Signs Fuel Transportation, Storage Deal With Niger Republic / Hon. Gbajabiamila Ready For A Showdown With Discos (2) (3) (4)

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FG Signs 250MW Power Sale Deal With Discos by Ikaeniyan0: 4:16pm On Nov 16, 2023
The Federal Government through the Niger Delta Power Holding Company has signed a Power Purchase Agreement with utility companies to distribute a total of about 250MW across the country.

A document obtained from NDPHC by The PUNCH said the power sale transactions have been signed since the inception of the ‘Light Up Nigeria’ programme currently running under Vice President Shettima.

The Disco offtakers include, Eko Electricity Distribution Plc, Compagnie d’Energie Electrique du Togo, Sunflag Steel Industries Limited, Lagos, Wewood Limited, Omotosho, Ondo State, APLE Electric Limited, Pulkit Alloy & Steel Limited, Lagos.

Others are ABV Utility Limited, Lagos, Ayingba Independent Electricity Distribution Network Limited, Ondo South, Avatar New Energy Limited, Phoenix Steel Mills Limited, Agbara Industrial Area, and Ota & Sagamu Interchange.


NDPHC said in the document that the goal of the programme was to sell the current capacity available, and develop more, and that the power generation projects were all funded through the Excess Crude Account properly approriated by FG and the States between 2005 and 2009.

NDPHC’s installed capacity so far is 4000MW.

Despite the foregoing achievements, NDPHC said its operations are hampered by a number of systemic challenges which have significantly affected its cash flow.


The company listed some of the challenges as; transmission constraints, gas supply and transportation constraints to guarantee generation up to TCN-allocated evacuation capacity of 975MW, let alone full capacity of its power plants.

NDPHC currently has 10 power plants, however, it revealed that Calabar is the only plant with full gas supply.


“Plants in western axis require about 150MMSCF/day to meet TCN-allocated evacuation capacity 535MW (Peak).

Gas supply to western axis power plants is further challenged by low pressure on NGIC gas pipelines –ELPS & Oben-Ajaokuta. Gas suppliers want higher gas tariff beyond industry approved gas tariff ($2.50 vs. $2.18),” the Company said.

The PUNCH had ealier reported how huge debt of about N190bn by mostly government agencies had hampered operations of the company.

In resolving the challenges, NDPHC said it was “obvious more investments were needed.

“It is obvious that a lot more investment is required in transmission and government a lone cannot do this,” it said, calling for an “urgent private capital mobilisation.”


https://punchng.com/fg-signs-250mw-power-sale-deal-with-discos/?utm_source=telegram&utm_medium=social

7 Likes

Re: FG Signs 250MW Power Sale Deal With Discos by GoodRocks: 4:33pm On Nov 16, 2023
Dear Tinubu supporters,

The builder of Lagos has won and Nigeria is collapsing under his watch but your problem is still Peter Obi as if we are still in election campaign. You don chop today?

44 Likes 5 Shares

Re: FG Signs 250MW Power Sale Deal With Discos by KingKO22: 4:39pm On Nov 16, 2023
GO0DHardDick:
Dear Tinubu supporters,

The builder of Lagos has won and Nigeria is collapsing under his watch but your problem is still Peter Obi as if we are still in election campaign. You don chop today?
Allow Nigerians to deliberate about Nigeria and IPOB should focus on Biafra pls

44 Likes 6 Shares

Re: FG Signs 250MW Power Sale Deal With Discos by GoodRocks: 4:41pm On Nov 16, 2023
KingKO22:

Allow Nigerians to deliberate about Nigeria and IPOB should focus on Biafra pls

The Yoruba old woman who was lamenting in frustration and agony on the high cost of foodstuffs in the country, and for the need for obi should have been allowed to become president, I'm sure the Yoruba woman should focus on Biafra,?

41 Likes 4 Shares

Re: FG Signs 250MW Power Sale Deal With Discos by Blacktruth: 11:17pm On Nov 16, 2023
Make una just dey play , maaad pipo everywhere , oga above me plz can u try and get a job please and stop littering dis forum with ur trash .

4 Likes 2 Shares

Re: FG Signs 250MW Power Sale Deal With Discos by Bubu4Sea: 11:18pm On Nov 16, 2023
Audio
Re: FG Signs 250MW Power Sale Deal With Discos by Nobody: 11:19pm On Nov 16, 2023
In 2023 fgs🥴🥴🥴
Re: FG Signs 250MW Power Sale Deal With Discos by lanre4411(m): 11:21pm On Nov 16, 2023
GO0DHardDick:


The Yoruba old woman who was lamenting in frustration and agony on the high cost of foodstuffs in the country, and for the need for obi should have been allowed to become president, I'm sure the Yoruba woman should focus on Biafra,?
where did the woman mention Obi? Both Atiku, Tinubu and Obi are all the same I agree one might be a bit fair but they are all politicians they can’t be trusted people around them determine things

6 Likes 1 Share

Re: FG Signs 250MW Power Sale Deal With Discos by medolab90(m): 11:23pm On Nov 16, 2023
Audio megawatts

1 Like

Re: FG Signs 250MW Power Sale Deal With Discos by ribbit: 11:25pm On Nov 16, 2023
GO0DHardDick:


The Yoruba old woman who was lamenting in frustration and agony on the high cost of foodstuffs in the country, and for the need for obi should have been allowed to become president, I'm sure the Yoruba woman should focus on Biafra,?
The Yoruba woman is the spokeseoman of every Yoruba.

Your sense is likely In your hard dick.

Instead of you to pray for sense, hard dick is your priority..

10 Likes

Re: FG Signs 250MW Power Sale Deal With Discos by jiz: 11:34pm On Nov 16, 2023
Dear FG it is the right of the citizen to have access to constant electricity. If you can't provide that, let there be subsidy on all Solar inverter components so that individuals can generate their light conveniently and at affordable rate. Ban generators importation and encourage solar panels, lithium batteries and inverters production in Nigeria.

5 Likes

Re: FG Signs 250MW Power Sale Deal With Discos by Themanleshey: 11:52pm On Nov 16, 2023
GO0DHardDick:


The Yoruba old woman who was lamenting in frustration and agony on the high cost of foodstuffs in the country, and for the need for obi should have been allowed to become president, I'm sure the Yoruba woman should focus on Biafra,?


Obi kor, haven’t you heard that man shall not live by bread alone ? Abeg leave the Yoruba woman and let her lament in peace . Sometimes it might get worse before it gets better . I know say Jag go make us proud . E lor fokan balé

4 Likes 1 Share

Re: FG Signs 250MW Power Sale Deal With Discos by LAXconfidential(m): 11:58pm On Nov 16, 2023
Themanleshey:



Obi kor, haven’t you heard that man shall not live by bread alone ? Abeg leave the Yoruba woman and let her lament in peace . Sometimes it might get worse before it gets better . I know say Jag go make us proud . E lor fokan balé

1 Like 1 Share

Re: FG Signs 250MW Power Sale Deal With Discos by LAXconfidential(m): 11:59pm On Nov 16, 2023
jiz:
Dear FG it is the right of the citizen to have access to constant electricity. If you can't provide that, let there be subsidy on all Solar inverter components so that individuals can generate their light conveniently and at affordable rate. Ban generators importation and encourage solar panels, lithium batteries and inverters production in Nigeria.
Re: FG Signs 250MW Power Sale Deal With Discos by LAXconfidential(m): 11:59pm On Nov 16, 2023
ribbit:
The Yoruba woman is the spokeseoman of every Yoruba.

Your sense is likely In your hard dick.

Instead of you to pray for sense, hard dick is your priority..
Re: FG Signs 250MW Power Sale Deal With Discos by Keaton(m): 12:01am On Nov 17, 2023
jiz:
Dear FG it is the right of the citizen to have access to constant electricity. If you can't provide that, let there be subsidy on all Solar inverter components so that individuals can generate their light conveniently and at affordable rate. Ban generators importation and encourage solar panels, lithium batteries and inverters production in Nigeria.
Re: FG Signs 250MW Power Sale Deal With Discos by Keaton(m): 12:01am On Nov 17, 2023
Themanleshey:



Obi kor, haven’t you heard that man shall not live by bread alone ? Abeg leave the Yoruba woman and let her lament in peace . Sometimes it might get worse before it gets better . I know say Jag go make us proud . E lor fokan balé

1 Like

Re: FG Signs 250MW Power Sale Deal With Discos by Keaton(m): 12:01am On Nov 17, 2023
medolab90:
Audio megawatts

1 Like

Re: FG Signs 250MW Power Sale Deal With Discos by Posh2018: 12:07am On Nov 17, 2023
GO0DHardDick:


The Yoruba old woman who was lamenting in frustration and agony on the high cost of foodstuffs in the country, and for the need for obi should have been allowed to become president, I'm sure the Yoruba woman should focus on Biafra,?

The Yoruba woman is a Nigerian. Leave her alone. Face your Biafra and try make your place an el-dorado.

Obi we go take advise from a mad man cannot be better.

6 Likes

Re: FG Signs 250MW Power Sale Deal With Discos by okewumi: 12:07am On Nov 17, 2023
We have a lot of babies on nairaland.


Let the people in this industry expanciate and tell us the details. The advantage and disadvantage.We need to keep learning and government agency are not robot. They can learn from experience too and comments. It is always sad that only the frustrated will keep writing show anger in everything and that is the reason government doesn't take youth serious.

3 Likes

Re: FG Signs 250MW Power Sale Deal With Discos by LAXconfidential(m): 12:12am On Nov 17, 2023
Posh2018:


The Yoruba woman is a Nigerian. Leave her alone. Face your Biafra and try make your place an el-dorado.

Obi we go take advise from a mad man cannot be better.
true

1 Like

Re: FG Signs 250MW Power Sale Deal With Discos by LAXconfidential(m): 12:13am On Nov 17, 2023
okewumi:
We have a lot of babies on nairaland.


Let the people in this industry expanciate and tell us the details. The advantage and disadvantage.We need to keep learning and government agency are not robot. They can learn from experience too and comments. It is always sad that only the frustrated will keep writing show anger in everything and that is the reason government doesn't take youth serious.
true
Re: FG Signs 250MW Power Sale Deal With Discos by LAXconfidential(m): 12:13am On Nov 17, 2023
jiz:
Dear FG it is the right of the citizen to have access to constant electricity. If you can't provide that, let there be subsidy on all Solar inverter components so that individuals can generate their light conveniently and at affordable rate. Ban generators importation and encourage solar panels, lithium batteries and inverters production in Nigeria.
Re: FG Signs 250MW Power Sale Deal With Discos by VikingKing: 12:16am On Nov 17, 2023
jiz:
Dear FG it is the right of the citizen to have access to constant electricity. If you can't provide that, let there be subsidy on all Solar inverter components so that individuals can generate their light conveniently and at affordable rate. Ban generators importation and encourage solar panels, lithium batteries and inverters production in Nigeria.
Re: FG Signs 250MW Power Sale Deal With Discos by VikingKing: 12:16am On Nov 17, 2023
ribbit:
The Yoruba woman is the spokeseoman of every Yoruba.

Your sense is likely In your hard dick.

Instead of you to pray for sense, hard dick is your priority..
Re: FG Signs 250MW Power Sale Deal With Discos by VikingKing: 12:17am On Nov 17, 2023
Blacktruth:
Make una just dey play , maaad pipo everywhere , oga above me plz can u try and get a job please and stop littering dis forum with ur trash .
Re: FG Signs 250MW Power Sale Deal With Discos by LAXconfidential(m): 12:21am On Nov 17, 2023
jiz:
Dear FG it is the right of the citizen to have access to constant electricity. If you can't provide that, let there be subsidy on all Solar inverter components so that individuals can generate their light conveniently and at affordable rate. Ban generators importation and encourage solar panels, lithium batteries and inverters production in Nigeria.
Re: FG Signs 250MW Power Sale Deal With Discos by LAXconfidential(m): 12:21am On Nov 17, 2023
okewumi:
We have a lot of babies on nairaland.


Let the people in this industry expanciate and tell us the details. The advantage and disadvantage.We need to keep learning and government agency are not robot. They can learn from experience too and comments. It is always sad that only the frustrated will keep writing show anger in everything and that is the reason government doesn't take youth serious.
Re: FG Signs 250MW Power Sale Deal With Discos by LAXconfidential(m): 12:21am On Nov 17, 2023
lanre4411:
where did the woman mention Obi? Both Atiku, Tinubu and Obi are all the same I agree one might be a bit fair but they are all politicians they can’t be trusted people around them determine things

(1) (2) (Reply)

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