How is power transmitted in Nigeria?
Electricity in Nigeria is generated through thermal and hydropower sources. The main source of electricity generation comes from fossil fuels especially gas which accounts for 86% of the capacity in Nigeria with the remainder generated from hydropower sources.
Who is responsible for power transmission in Nigeria?
The Transmission Company of Nigeria (TCN) is responsible for the transmission network in Nigeria. It is fully owned by the Federal Government. Nigeria’s transmission network consists of high voltage substations with a total (theoretical) transmission wheeling capacity of 7,500MW and over 20,000km of transmission lines.
What does TCN do in Nigeria?
Transmission Company of Nigeria (TCN) manages the electricity transmission network in the country. It is one of the 18 companies that was unbundled from the defunct Power Holding Company of Nigeria (PHCN) in April 2004 and is a product of a merger of the transmission and system operations parts of PHCN.
Who owns the DISCOs in Nigeria?
The investors under the umbrella of KANN Utility Ltd, comprising CEC Africa and Xerxes Ltd, paid $164 million to BPE to acquire the DisCo. The two investors have had issues since 2019 over who has more of the 60% stakes due to their contributions to get the DisCo.
When was Nigeria transmission company established?
TCN was incorporated in November 2005. Being one of the 18 unbundled Business Units under the Power Holding Company of Nigeria (PHCN), TCN was issued a transmission License on 1st July, 2006. It was subsequently issued two licences on June 10, 2013 for electricty transmission and system operations.
Why do NEPA take light in Nigeria?
In Nigeria, the acronym NEPA famously has two possible meanings. The first is what it was originally meant to designate, the National Electric Power Authority. (Blackouts are often met with the exclamation: “NEPA has taken the light!”).