Nigeria’s electricity generation capacity has declined from the peak generation level of about 4,517.6 mega watts (MW) recorded last December, 2012 to about 3,781.80 MW in October, according to the power generation fact sheet of the Presidential Task Force on Power as at October 20. The electricity generation report showed that though the country’s peak demand level forecast was 12,800 MW of electricity, energy generation capacity stood at about 3,559.46 MW hour per hour (MWH/H), while actual electricity sent out into the national grid was 3,487.85 MWH/H. The Chairman, Technical Committee of the National Council on Privatisation, NCP, Atedo Peterside, said at the handing over of the newly privatized successor companies of the Power Holding Company of Nigeria, PHCN, to their new owners that the nine former PHCN generation companies (including Omotosho and Olorunsogo) only had available capacity of 2,692 MW as at September 10, as against a total […]