Adamimogo FM Nigeria
  • News
  • Sports
  • Politics
  • Business
  • Entertainment
  • Health
  • Education
  • Finance
  • Foreign
Notification
  • More
    • About Us
    • Contact
    • Blog
    • Privacy Policy
Reading: Electricity: NERC approves 450mw deal to halt Zungeru plant shutdown
  • Adamimogo 93.1 FM Lagos
  • Adamimogo 105.1 FM Ibadan
  • Adamimogo 107.7 FM Ado-Ekiti
  • Adamimogo 103.1 FM Abeokuta
Adamimogo FM NigeriaAdamimogo FM Nigeria
Font ResizerAa
  • Adamimogo 93.1 FM Lagos
  • Adamimogo 105.1 FM Ibadan
  • Adamimogo 107.7 FM Ado-Ekiti
  • Adamimogo 103.1 FM Abeokuta
Search
  • News
  • Sports
  • Politics
  • Business
  • Entertainment
  • Health
  • Education
  • Finance
  • Foreign
Follow US
© Copyright 2025 Adamimogo FM Nigeria | Powered By HBTech Nigeria
News

Electricity: NERC approves 450mw deal to halt Zungeru plant shutdown

hbtechng
Last updated: June 19, 2024 8:29 am
hbtechng
Share
SHARE

The Nigerian Electricity Regulatory Commission has okayed an interim deal for the procurement of 450 megawatts of electricity from Zungeru Hydro Electricity Generation Company Limited.

This was contained in the notice order, NERC/2024/044, signed by the Vice Chairman of NERC, Musiliu Oseni.

The commission said that the approval was important to prevent a newly completed Zungeru hydropower plant with a capacity to generate 650 megawatts from shutdown.

Accordingly, the Commission said that approval is for 105 days commencing from 0.00Hrs of May 16, 2024.

“Given the overriding public interest, the Commission has granted a special dispensation that permits the Independent System Operator of the Transmission Company of Nigeria to assume responsibility for the administration of settlement for power wheeled from ZHEGC for an initial period of 105 days commencing from 0.00Hrs of the 16th May 2024,” the NERC directive reads partly.

To avoid the perpetual practice of limiting DisCos load offtake as a corrective mechanism for system imbalances, the commission “directs the TCN-ISO to enter into an interim energy sales agreement with ZHEGC for up to 450MW of energy and capacity to address the imbalances currently experienced between generation and offtake, thereby further strengthening grid management. The agreement shall be on a best-effort basis.

“The commencement date for the interim agreement is 16 of May 2024 and shall be in effect till the 31 of August 2024 in the first instance”.

Recall that the Minister of Power, Adebayo Adelabu in May said the completion of ZHEGC, Nigeria’s second hydropower after Kainji dam, is an additional 625MW to the national grid, increasing the country’s electricity generation to 4,800MW from 4,200MW.

Share This Article
Facebook Whatsapp Whatsapp LinkedIn Telegram Copy Link Print
What do you think?
Love0
Sad0
Joy0
Happy0
Angry0
Surprise0
Wink0
Previous Article Baseball legend Willie Mays dead at 93
Next Article Gov Fubara nominates caretaker chairmen for 23 LGAs [FULL LIST]
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
XFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

Popular Posts

I’m receiving death threats for berating Wizkid after he called Don Jazzy influencer’ – Nasboi cries out

Popular skit maker and singer, Nasboi, has revealed that he is receiving death threats following…

By
hbtechng

Man United offer Hojlund plus cash for Osimhen

Manchester United are keen on signing Victor Osimhen with the Red Devils reportedly plotting a player…

By
hbtechng

Alleged N3bn Fraud: How ex-HoS Oyo-Ita, allies diverted public funds to private companies

Prosecution Witness Eight, Hamma Adama Bello, testified before Justice James Omotosho of the Federal High…

By
hbtechng

You Might Also Like

Worshippers recount ordeal as fire guts Christ Embassy HQ

By
hbtechng

Brazil held by Colombia in Copa America, to face Uruguay quarter-final

By
hbtechng

Alleged money laundering: EFCC to arraign Yahaya Bello April 18

By
hbtechng

North-West APC activates internal dispute resolution mechanism

By
hbtechng
Adamimogo FM Nigeria

Adamimogo FM Nigeria: A vibrant tapestry of dreams, a powerful conduit for unity, and a platform that sparks inspiration.   With every broadcast, we aim to light the way forward, connect hearts, and empower voices across South West Nigeria, and beyond. Tune in, and be part of something truly transformative.

Quick Links

  • About Us
  • News Updates
  • Privacy Policy
  • Categories:
  • News
  • Sports
  • Politics
  • Foreign
  • Business
  • Finance
  • Entertainment
  • Metro Plus
  • Health
  • Education

Our Socials

Adamimogo 93.1 FM Lagos
Facebook Twitter Instagram Tiktok Youtube
Adamimogo 107.7 FM Ekiti
Facebook Twitter Instagram Tiktok Youtube
Adamimogo 105.1 FM Ibadan
Facebook Twitter Instagram Tiktok Youtube
Adamimogo 103.1 FM Abeokuta
Facebook Twitter Instagram Tiktok Youtube
© Copyright 2025 Adamimogo FM Nigeria | Powered By HBTech Nigeria
  • News
  • Sports
  • Politics
  • Business
  • Entertainment
  • Health
  • Education
  • Finance
  • Foreign
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?