Power Generation hits 4100MW - is this a good Sign for PHCN and Us?

Nigeria’s power generation is coming up again with the current generated megawatts (mw) hitting over 4,000 as at Tuesday.

The Ministry of Power attributes the development to reduction in system collapses, as well as improvement in services delivery, among other things.

In a statement by the ministry, spokesman for the Minister of Power, Professor Chinedu Nebo, Kande Daniel, said that after Grid Information was released early Wednesday, the country’s generation capacity picked up, getting to 4105.90mw as at Tuesday

The statement further revealed a breakdown of how generated capacity was shared, with the industrial nerve-centre Lagos and environs getting the highest, a maximum load totalling 985.0mw, while the maximum load allocated to Abuja through Katampe and Gwagwalada power line was 410.80mw.

Meanwhile, the nation’s generation capacity as at early Wednesday stood at 3795.30mw and figures for the past few days indicate an average of about 3,800mw.

The latest grid information is contrary to insinuations in some sections of the media that power generation dropped to less than 2,000mw. - ChannelsTV