Nigeria’s biggest power station, Egbin Power Plc, has raised fear that the country may be in total darkness next week following several challenges facing the organisation.
In a chat with newsmen, the Managing Director of Egbin Power Plc, Mr. Dallas Peavey announced Egbin Power’s plan to stop operation due to rising debts totalling about N110 billion owed by the Nigerian Bulk Electricity Trader (NBET), inadequate gas supply, and inefficiency in the operations of the Transmission Company of Nigeria (TCN), among others.
Peavey lamented that 70 per cent of electricity generated by Egbin cannot be evacuated to the grid system due to weak transmission lines.
He said, “We are constrained and limited to generate about 350MW daily due to both TCN system operations’ constraints and inadequate gas supply issues. Sometimes, when you get good news from TCN that you can increase your generation, we will be confronted with gas shortage and when there is gas, you have TCN issues. The situation is that bad.”