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Power Sector Loses 3,946MW to Constraints

Published

8 years ago

October 29, 2016

Power Sector Loses 3,946MW to Constraints

The Nigeria Electricity Supply Industry (NESI) yesterday said it lost a total of 3,946 Mega Watts (MW) to gas and line constraints on Tuesday.

According to its daily briefing on the power sector, the Nigerian Electricity System Operator (SO) of the Transmission Company of Nigeria (TCN) sent out 3,546MW to the 11 distribution companies (DisCos) on the day under review.

Were there no constraints in the sector, the generation companies would have produced 7,492MW on Tuesday.

Although there were no losses due to water management and high frequency constraint, the recorded losses due to constraints culminated in a loss of N1.8billion in the sector.

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Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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Power Sector Loses 3,946MW to Constraints

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