Home Business Energy N231b debt: TCN lifts suspension order on Enugu Disco
Energy

N231b debt: TCN lifts suspension order on Enugu Disco

Share
Share

The Transmission Company of Nigeria (TCN) says it has lifted the suspension and disconnection orders issued Enugu Distribution Company (DisCo).

The suspension order, which was posted on TCN’s twitter handle @TCN_Nigeria on Thursday, said the suspension was lifted after the DisCo complied with the market conditions/participation agreement.

Eko and Ikeja Discos suspension had earlier been lifted by TCN.

The News Agency of Nigeria (NAN) reports that the Federal Government had ordered that three electricity distribution companies, Eko, Enugu and Ikeja, be disconnected from the national grid.

The DisCos were said to have failed to renew their security cover and were allegedly owing the TCN energy service debt to the tune of N231 billion. 

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

Boost For Nigeria’s Oil Production, As NNPC’s Utapate Crude Grade Hits Global Oil Market

…As OML 13 Asset Eyes 80,000 bpd by End of 2025  ...

NNPC Ltd Announces 1.8mbpd Production, Eyes 2mbpd by Year End

The Nigerian National Petroleum Company Limited (NNPC Ltd) and its partners have...

NNPC Ltd Announces Key Appointments 

The Board of Directors of NNPC Limited has announced strategic leadership appointments....

NNPC Ltd Set To Supply 100mmscf/d Gas To Dangote Refinery

L-R: Managing Director, Nigeria Gas Marketing Limited (NGML), Barr. Justin Ezeala and...