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Gas shortage hampers GenCos’ electricity supply

L-R: Executive Director, Zenith Bank Plc, Mr. Henry Oroh; Group Managing Director/Chief Executive, Zenith Bank, Mr. Ebenezer Onyeagwu; Lagos State Governor, Mr. Babajide Sanwo-Olu; Executive Director, Zenith Bank, Dr. Temitope Fasoranti; Lagos State Deputy Governor, Dr. Kadiri Hamzat; and Executive Director, Zenith Bank, Mr. Dennis Olisa during the visit by the Executive Management of the Bank to condole with the State Governor on the Abule Ado explosion at the State House, Marina, on Wednesday
L-R: Executive Director, Zenith Bank Plc, Mr. Henry Oroh; Group Managing Director/Chief Executive, Zenith Bank, Mr. Ebenezer Onyeagwu; Lagos State Governor, Mr. Babajide Sanwo-Olu; Executive Director, Zenith Bank, Dr. Temitope Fasoranti; Lagos State Deputy Governor, Dr. Kadiri Hamzat; and Executive Director, Zenith Bank, Mr. Dennis Olisa during the visit by the Executive Management of the Bank to condole with the State Governor on the Abule Ado explosion at the State House, Marina, on Wednesday

Shortage of gas has hit at least 16 power generating plants causing power generation at its highest point to drop to 3,922 megawatts (MW) on Saturday.

Operators said the drop would continue for another 10 days (since Friday) until scheduled maintenance was completed on the gas pipelines.

Daily power generation statistics obtained by Daily Trust from the Independent System Operator (ISO), a section of the Transmission Company of Nigeria (TCN), puts peak generation at 4,055MW on Friday, but dropped to 3,922MW at the close of that day. By Saturday, the peak generation had dropped to 3,675MW.

The highest power generation recorded on Sunday was 3,660MW, falling off the 4,000MW threshold recorded on Friday.

Read more: https://www.dailytrust.com.ng/gas-shortage-hampers-gencos-electricity-supply.html

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Ifah Sunday Ele
Ifah Sunday Ele
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