Home Posts tagged TCN (Page 2)
Energy News

National grid gets additional transformers -TCN

In line with the Federal Government policy on incremental power, the Transitional Company of Nigeria (TCN) under its Transmission Rehabilitation and Expansion Program (TREP) has again completed the installation of 100MVA, 60MVA and 60/66MVA, 132/33kV power transformers in three different transmission substations. The new power transformers have increased transmission
Energy News

SSAEAC declares dispute with TCN management

The Senior Staff Association of Electricity and Allied Companies (SSAEAC), on Sunday declared a trade dispute with the Transition Company of Nigeria (TCN), management over alleged anti-workers practices. SSAEAC said at its National Executive Council meeting in Lagos that the management of TCN contravened some labour rules and failed to honour several meeting arrangements
News

Alheri denies owing FG N27.2bn over fibre optic

Management of Alheri Engineering Company Limited has vehemently denied owing Federal Government the sum of $75,500,000.00 million (about N27.18 billion at N360 to $1) over fibre optic agreement. In a statement released by the company on Tuesday, the firm described the accusation as wrong and fallacious and assured its customers that the story is “…not […]
Energy Headlines

Nigeria’s FG moves to terminate fiber network concession agreements, to recover $75.5m

Babatunde Raji Fashola, Nigeria’s minister of power, works and housing has written to president Muhammadu Buhari in an effort of  Transmission company of Nigeria (TCN) to terminate two failed Fiber Network concession agreements and recover the outstanding concession fees of $75,500,000.00 million from the two concessionaires. In the letter addressed to the president
Energy

TCN spends N2.5 bn to clear abandoned equipment

The Transmission Company of Nigeria(TCN) said it recently spent about N2.5bn to clear some power transmission equipment worth several billions of naira abandoned by different contractors at nation’s seaports. According to the TCN, many contractors handling various power projects in the past had abandoned a lot of transmission equipment at the ports for no justifiable […]
Headlines News

How I rescued TCN from the cabal – MD

The Managing Director of Transmission Company of Nigeria (TCN), Usman Gur Mohammed, has disclosed that before he assumed office, certain vested interests dictate the state of affairs at the TCN. He added that contractors determined the direction of the company, took workers to trade shows abroad and in return were issued blank cheques. Mohammed spoke […]
Features

Let There Be Light…

Despite the unprecedented level of investment in the power sector and increase in electricity tariffs, power supply situation in Nigeria is still the same with the gap between demand and supply widening sharply in the urban areas even after the privatization exercise. Even though power generation has barely improved beyond 4000 megawatts over the past […]