Transcorp Outlines key issues affecting Power Generating Companies in Nigeria

Transnational Corporation of Nigeria Plc (Transcorp)’s power subsidiary Transcorp Ughelli Power Plc (Transcorp Power) today detailed the key issues affecting the ability of most Generating Companies (GENCOs) to operate at peak levels and increase available capacity.

The issues they highlighted are as follows:

·         Since privatization there has been delayed,

and sometimes partial payment for the electricity generated. This has