The Federal Government announced on Thursday that power generation companies operating in the country were only able to increase their capacity by 351 megawatts of electricity in two years, The Punch reports.
The Federal Ministry of Power, Works and Housing stated that the generation capability of the Gencos rose by 351MW between May 2015 and May 2017. The ministry said in a statement issued in Abuja by its acting Director of Press, Etore Thomas, “The generation capability of the 28 power stations and 78 generating units connected to the TCN’s transmission network as of October 31, 2017 stood at 7,343MW. This is up from a figure of 6,992MW on May 29, 2015.
It also stated that the installed capacity of Nigeria’s electricity system was currently 13,281MW, adding that many of the generating units that made up this figure could not generate power “until the current owners undertake major overhauls, that may not be economical.” The ministry noted that the TCN’s current transmission capacity was 6,700MW, adding that 90% of all the generation capability of 7,343MW could be delivered to power distribution companies.
Source: Energy Mix Report