Tag: Gas Shortage
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GenCos Lose N1.9bn in One Day to Gas Shortage, Others
Electricity Generation Companies (GenCos), which make use of both gas-fired and hydro-stations, have lamented that couldn’t generate an expected 3,347.5 megawatts of electricity on Wednesday due to unavailability of gas. This led to the estimated N1.9 billion lost by the power sector players on Wednesday due to insufficient gas supply, inadequate distribution and transmission infrastructure.…