Only 25 of 160 licensed GenCos operating in Nigeria

Dr Joy Ogaji, Executive Secretary, Association of Power Generation Companies (APGC), says only 25 out of 160 GenCos licensed by the Nigerian Electricity Regulatory Commission ( NERC) are currently operating in Nigeria.
Ogaji made the disclosure during a panel session at the ongoing Nigeria Oil and Gas (NOG) Conference and Exhibition on Wednesday in Abuja.
She noted that data from the National Control Centre, Osogbo, showed that Nigeria’s energy demand was about 28,000MW while the current available power was about 6,000MW.
“NERC has issued 160 licences to power generation companies. Only 25 are operational currently.
“The other thermal stations are waiting on the sidelines and if they are actively involved, we can generate an additional 30,000MW.
“The 25 operational GenCos have an installed capacity of about 13,000MW,” Ogaji said.
She, however, disclosed that current available capacity had dropped from about 9,000MW in 2020 to about 6,000MW.


Leave a Reply