10 Power Plants Idle On Discos’ Rejection, Gas Shortage

 In Investor News

Ten of the nation’s 29 power plants sat idle on Monday on the back of low load demand by the distribution companies and gas constraints.

Total power generation in the country fell to 4,112.10 megawatts as of 6am on Monday from 4,354.7MW on Sunday, according to data from the Nigerian Electricity System Operator.

The data showed that generation capacity of 2,126.5MW could not be utilised as of 6am on Monday as a result of the Discos’ load rejection and gas constraints.

The idle plants were Afam IV &V, Alaoji, Olorunsogo II, Omotosho II, Ihovbor, Gbarain, AES, ASCO, Rivers IPP, and Egbin ST6.

“The power sector lost an estimated N972m on January 2, 2021 due to constraints from insufficient gas supply, distribution infrastructure and transmission infrastructure,” the Advisory Power Team in the Office of the Vice-President said on Sunday.

The Nigerian Electricity Regulatory Commission said recently that Discos would be liable to capacity charge for failure to take their entire load allocation caused by constraints in their networks.

The government-owned Transmission Company of Nigeria, which manages the national grid, is responsible for the allocation of load to the Discos.

“Where it is established that the TCN is unable to deliver load allocation, the TCN shall be liable to pay for the associated capacity charge,” NERC had said.

In a related development, four agencies under the Federal Ministry of Power have budgeted a total of N20.45m for the fuelling and maintenance of generators in 2021.

This is contained in the 2021 Federal Government of Nigeria Approved Budget Details obtained by our correspondent from the Budget Office of the Federation.

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