Available Balance
TCN inaugurates 100MVA transformers By Kayode Ekundayo, Lagos | Publish Date: Apr 24 2018 4:14AM
TCN inaugurates 100MVA transformers

The Transmission Company of Nigeria (TCN) has commissioned 100 MVA transformers at the 132/33KV Alimosho substation aimed to boost electricity supply to residents within Ikeja DisCo’s area of coverage.

Mr. Usman Mohammed of TCN, while commissioning the project in Lagos, said the company was concerned beyond increasing the quantum of power to the quality of electricity being supplie

Mohammed said  TCN was implementing the Transmission Rehabilitation and Expansion Programme (TREP) which sought to strengthen grid infrastructure for enhanced wheeling capacity that offered redundancy consistent with the requirements of N-1 reliability criterion.

He said TREP provided the necessary operational flexibility and reliable power delivery to the DisCos and other class of customers connected directly to the National Grid.

Mohammed said the upgrading of the 1X30MVA to a 1x100MVA transformer at the Alimosho 132/33KV transmission substation had raised the station output capacity from 160 MVA to 230 MVA.

“With this development, TCN has not only established adequate transformer capacity to serve these parts of Lagos, but has also provided the necessary redundancy in line with the requirements of N-1 reliability criterion at the Alimosho transmission  substation.

Electricity firms owe N8.892bn for February service charge

Electricity firms owe N8.892bn for February service charge

The Electricity Distribution Companies (DisCos) owe N8.892 billion for electricity supply services after the supply for February 2018, records from the Market Operator (MO), a section of the Transmission Company of Nigeria (TCN), have shown.

The payment update records for Service Providers charges in the Nigerian Electricity Market (NEM) indicate the Generation Companies (GenCos) delivered 2,179 megawatts per hour (mw/h) of electricity to the 11 DisCos in February and billed them N9.423bn.

The MO said it got N3.444bn from the DisCos and remitted same to the Service Providers, which include the System Operator (SO), MO – both of TCN, and the Nigerian Electricity Regulatory Commission (NERC).

There was N5.979bn as shortfall for February that was not paid for. This represents 60 per cent of the total amount due for payment in the month.

The MO also recorded another N2.913bn as the accrued interest on the DisCos outstanding balance. The combined debt for the month for service providers’ charges was pegged at N8.89bn,  Daily Trust learnt.

Meanwhile the DisCos owe N38.526bn as outstanding debt, including accrued interest on the debts by the end of January 2018. This is separate from the N8.89bn being owed for February 2018.

The breakdown shows that while N35.612bn is for the service providers’ charges, N2.913bn is for accrued interest.

The top debtors for the service charge and accrued interest is Ibadan DisCo, with N6.3bn, followed by Abuja DisCo, with N6.085bn.

In the middle are Port Harcourt which owes N4.043bn; Kano DisCo owes N3.978bn, Kaduna owes N3.939bn, Enugu owes N3.861bn, Ikeja owes N3.124bn and Jos DisCo owes N3.070bn.

Yola DisCo has the lowest debt of N60.273m, while Eko DisCo has N1.625bn and Benin, N2.431bn.

Rate This Content




  • Leave a reply

    Your email address will not be published.