Government bans purchase of transformers by electricity consumers

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Undertakings Discos on enhanced systems

• Seeks financial specialists to accomplish 20,000MW target

The Federal Government has prohibited the obtainment of transformers by power buyers, keeping up that it remains the obligation of dispersion organizations (Discos).


It likewise charged administrators in the country's energy part to enhance interests keeping in mind the end goal to update their systems.

The legislature similarly communicated preparation to counterbalance the power bills owed by services, divisions and organizations (MDAs) put at N97 billion by the Discos.

The Minister of Power, Works and Housing, Babatunde Fashola, who made the revelations amid a meeting with authorities of the Abuja Electricity Distribution Company (ANED), be that as it may, noticed that a watchful confirmation of the obligations was being done to find out the precise sum, considering that the entirety extends to quite a long while.

He respected any data that could assist the activity.

He said: "You should keep on making appropriation resource speculations. Private buy of transformers ought to stop. That is the obligation of the dissemination organizations. Despite everything we have instances of individuals purchasing transformers themselves. This ought not be the situation."

Fashola charged the administrators to enhance client relationship and also shut the metering hole and instruct purchasers on vitality protection.

"Since the circulation organizations are currently possessed by private endeavors, you have to make it simple for individuals to contact you. Give all of us a chance to comprehend that the issues we have are not specialized. They are artificial," he noted.

Prior, the company's Managing Director, Ernest Mupwaya, had looked for government's endorsement to utilize the obligations as letter of credit to address the liquidity difficulties of the division.

Meanwhile, the Transmission Company of Nigeria (TCN) is looking for financial specialists for its $7.5 billion framework development plan outfitted at accomplishing 20,000MW by 2022.

In the goal-oriented five-year arrangement by which the transmission firm would like to accomplish 6,600MW before the end of 2016; 10,000MW in 2018; 13,000MW in 2020; 16,000MW for 2021 and 20,000MW by 2022, the country's ability is to become throughout the years from the current 5,300MW.

A draft of the Nigerian Power Sector Investment Opportunities and Guidelines acquired by The Guardian yesterday noticed that interest in the division was extremely appealing attributable to its development potential.

The archive, be that as it may, mourned the powerlessness of the transmission and conveyance organizations to viably released their obligations.

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