Stakeholders in the nation’s power sector have identified measures to reduce the challenges inherent in the power sector.
They identified the measures in a communique at the end of an interactive forum organised by the Market Operator, an arm of the Transmission Company of Nigeria (TCN).
The communique issued in Abuja on Monday was jointly signed by Mr Sola Adeyegbe of Ibadan Generating Company (GENCO), Mr Kabiru Adamu of TCN and Emeka Akpara of Omotosho Electric Power Plc.
The communique said that the GENCOS had the capacity to generate 8,500MW of electricity for the country.
The GENCOs, however, called for an improvement in transmission and distribution capacity to accommodate their envisaged generation.
It said that the GENCOs also called for centralisation of market collection and appropriate disbursement based on the agreed…
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