Electricity Generating Companies (GenCos) have cried out over their payment of concession fees in dollars and called on the federal government to review the policy, to allow them to pay in Naira. The Chairman of Mainstream Energy Solutions Limited (MESL), […]
Day: 7 December 2021
IEA: Renewable Energy to Account for 95% Power Generation Growth by 2026
The International Energy Agency (IEA) has said that renewables will account for about 95 per cent of growth in global power-generation capacity up to the end of 2026 despite the Covid-19 pandemic and rising costs of raw materials around the […]
Experts: How CBN Interventions Can Save Power Sector
Experts with deep knowledge of the Nigerian power sector have posited that current interventions by the Central Bank of Nigeria (CBN) remain a major avenue to ease burden on consumers, with the planned removal of subsidy. The apex bank had […]
