Home Business Energy Power Supply Crossed The 4,000MWh Threshold In 19 Out of The 30-day Review Period
Energy

Power Supply Crossed The 4,000MWh Threshold In 19 Out of The 30-day Review Period

Share
Share

 

December 28, 2018/ FDC

The average power output from the national grid within the review period was 4,038MWh/h, 7.62% higher than the average of 3,752MWh/h in the corresponding period in October.

On grid power supply crossed the 4,000MWh/hour threshold in 19 out of the 30-day review period.

This can be attributed partly to hydrogenerated power output as there was no record of water constraints in November. Despite a significant improvement in power output, the sector lost N38.18bn (annualized at N458.16bn).

Proshare Nigeria Pvt. Ltd.

Outlook 

We expect the average power supply to remain around current levels of 3,800MWh/h – 4,000MWh/h provided there are no gas pipeline disruptions.

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...