Gencos Blame Regulatory Distortions, N6.2tn Debt For Nigeria’s 25.8% Power Capacity Utilisation
Gencos cite regulatory risks, unpaid N6.2tn debt and weak PPAs for Nigeria’s persistent 4,000MW power generation. Nigeria’s power generation companies have attributed the country’s persistently low electricity output averaging about 4,000 megawatts from an installed capacity of 15,500MW, to deep-rooted regulatory distortions and operational constraints within the electricity market. The...
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