Yesterday at 14:00 hours, electricity generation had decreased to 2,200MW from 3,553MW at 13:00 hours. According to the Independent System Operator of the Transmission Company of Nigeria (TCN) in its document titled: “List of GenCos and their MW Load at 14:00hours on 17/01/2023,” only 10 out of 24 power plants produced the 2,200MW.
It indicates a loss of 1,253MW in an hour, a reduction in energy output of 35.26 percent for the Nigerian Electricity Supply Industry (NESI).
The ten electricity generation companies (GenCos) that generated the 2,200MW were Alaoji NIPP (Gas), which produced 102.40MW, Azura-Edo (Gas), which produced 422MW, Jebba (Hydro), which produced 369MW, Kainji (Hydro), which produced 390MW, Odukpanu NIPP (Gas), which produced 307MW, Okpai Gas, which produced steam, which
The Nation also learned that the SO said it had allotted 2,888MW to the 11 energy distribution firms (DisCos) in a document headed “Distribution Load Profile: Data as at 17/01/2023 @14:46:00.”
The following distribution companies received their respective allocations: Abuja DisCo 389MW, Benin DisCo 237MW, Eko DisCo 371MW, Enugu DisCo 277MW, Ibadan DisCo 349MW, Ikeja DisCo 409MW, Jos 166MW, Kaduna DisCo 193MW, Kano 205MW, Port Harcourt 209MW, and Yola 83MW.
As you may remember, the Association of Power Generation Companies (APGC) blamed system disturbances for the production reduction last Sunday.
Responding in a WhatsApp chat with The Nation, APGC Managing Director, Dr. Joy Ogaji, said: “There was grid disturbance.” Asked why this was so, she said: “Due to inadequate payment.”
According to her, the debt that the Nigerian Bulk Electricity Trading Company (NBET) is owing the GenCos is over N1 trillion. “It is estimated to be above N1 trillion,” said Ogaji.
She continued by stating that according to GenCos’ contract, the unpaid payments for power generated and used between 2015 and the present fall into numerous categories.
The payment is also based on the capacity that NBET annually makes accessible and tests. According to her, this includes considered capacity, which is the distinction between proclaimed and real ability.
The Managing Director further decomposed the debt into payments due on foreign exchange differentials and supplemental costs related to starts and stops, which have increased from 12 times per year under the Power Purchase Agreement to nearly 365.
She blamed the debt on the Nigeria Inter-Bank Rate (NIBOR) plus four interest on outstanding invoices.
Ogaji said it was also due to quantification of losses from low plant utilisation and stranded capacity; quantification of tariff for Ancillary Services rendered but unpaid; and quantification of tariff for Free Governor Mode of Operation (FGMO) outside the design parameters
