Power Supply Increases To 2,979.06Mw

Nigerian Electricity Supply Industry (NESI) has stated that it yesterday recorded a marginal increase, as energy sent out by the Transmission Company Nigeria (TCN) hit 2,893.7 megawatts (MW) on Saturday from its 2,834.30Mw supply on April 26. This resulted in an increase of 56.4Mw in the electricity market, stated the Ministry of Power in its power statistics. In the period under review, the electricity market recorded 68.84Mw stranded power the TCN could only evacuate 2,979.06MW out of the 3,042.90Mw which the Electricity Generation Companies (Gencos) produced. The ministry noted that the market reached a peak power production of 2,893.7Mw which was an anomaly as energy generation was higher than peak energy. Chairman, Nigerian Electricity Regulatory Commission (NERC), Dr. Sam Amadi, said: “Two things are holding back aggressive metering : ficing and quantity of power. If you are selling 60,000Mw you have more money to finance metering. But if you are because of pipeline vandalisation and others we are selling 3,000Mw, then you have less revenue for metering. “Let's be realistic, if we are generating 3,500 or 4,000, there is no way …we don’t have adequate power for reasons you know. Some of them gas. We are still building the power plants. So even if, you have 6,000 Mw you will not still have 100 percent power supply.“