Power Sector Loses Drop To N1.6b In One Week

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Electricity
Electricity
Power sector has lost due to constraints from insufficient gas supply, distribution infrastructure and transmission infrastructure has dropped from N1.8 billion, recorded week ago to N1.6 billion in the country.
An authoritative report obtained from the office of Vice President Yemi Osinbajo stated: “The power sector lost an estimated N1, 610,000,000 (One Billion Six Hundred and Ten Million Naira) on June 8 2019 due to constraints from insufficient gas supply, distribution infrastructure and transmission infrastructure.
“On June 8 2019, average energy sent out was 3,430 MWH/Hour (up by 87.16 MWH/Hour from the previous day). 1,767.5 MW was not generated due to unavailability of gas. 150 MW was not generated due to unavailability of transmission infrastructure, while 1,014 MW was not generated due to high frequency resulting from unavailability of distribution infrastructure. 423 MW was recorded as losses due to water management.”
The report stated: “On June 2 2019, average energy sent out was 3,779 MWH/Hour (up by 121.26 MWH/Hour from the previous day). 1,643 MW was not generated due to unavailability of gas.
“0 MW was not generated due to unavailability of transmission infrastructure, while 1,915 MW was not generated due to high frequency resulting from unavailability of distribution infrastructure. 270 MW was recorded as losses due to water management
“The power sector lost an estimated N1, 837,000,000 (One Billion Eight Hundred and Thirty Seven Million Naira) on June 2 2019 due to insufficient gas supply, distribution infrastructure and transmission infrastructure.”
It added: “The dominant constraint on June 2, 2019 was due to high frequency resulting from unavailability of distribution infrastructure – constraining a total of 1,915 MW from being available on the grid.”
Commenting on metering, the report also added: “The Commission has issued permits to Ikeja & Benin Disco’s Meter Asset Providers (MAPs), in accordance with section 4(3) of the MAP Regulations- NERC- R-112 of 2018, to MAPs that were successful in the procurements conducted by Ikeja Electricity Distribution Company (IEDC) and Benin Electricity Distribution Company (BEDC).
“Section 4(3) of the MAP Regulation 2018 requires all electricity distribution licensees to engage MAPs that would assist, as investors, in closing the metering gap and thus eliminating the practice of estimated billing in the Nigerian Electricity Supply Industry (NESI).
“IEDC has appointed Mojec International Limited- (399,790 meters), Consolidated Infrastructure Group Ltd- (397,922 meters) and New Hamshire Capital Ltd-(276,699 meters) respectively within the Ikeja Disco franchise under MAP. While Benin Disco has appointed FLT Energy System Ltd, G-Unit Engineering Ltd, Inlaks Power Solution Ltd, Sabrud Consortium Nigeria Ltd and Turbo Energy Ltd to provide meters within its franchise.
“The Commission has directed that the rollout of meters shall commence no later than the 1st of May 2019. Customers of Ikeja & Benin Disco’s should expect from the commencement of rollout date for meters to be installed in their premises within 10 working days of making payment to MAPs in accordance with section 18 (3) of the MAP Regulations 2018.
“MAPs shall charge an upfront amount of N36, 991.50 for single phase meters and N67,055.85 for three-phase meters respectively. These costs of meters are inclusive of supply, installation, maintenance and replacement of meters over its technical life.”