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Nigeria’s Power Sector Loses N2.16 BN As GenCos Releases 3,480 MWH Of Electricity
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Nigeria’s Power Sector Loses N2.16 BN As GenCos Releases 3,480 MWH Of Electricity

Austin Papi

Top electricity-producing moguls, Generation Companies (GenCos), comprising of gas-fired and hydro stations, have released an average of 3,480 megawatts of electricity into the national grid.

This information was made public in the daily energy report submitted by the Advisory Power Team, office of the Vice President, and a copy was handed over to the News Agency of Nigeria (NAN) in Abuja on Monday.

The report stated that the electricity sent out by GenCos was increased by up to 254.02 megawatts from the 3,226 that was released on Saturday to the national grid

GenCos claimed that 1,720 megawatts could not be generated due to the inavailability of gas in the company. Also, 2,777.3 megawatts were not generated due to high frequency resulting from the inavailability of distribution infrastructure.

The company has, however, promised to generate more by upgrading their gases and infrastructures in the company.

The power sector lost an estimated N2.16 billion on Sunday due to insufficient gas supply, distribution and transmission infrastructure.

On sector activities, reports claim the dominant constraint on Sunday was in high frequency due to the inavailability of distribution infrastructure.