It was gathered that the association of power generation companies (APGC) at the weekend said the country cannot enjoy more than 4,600 megawatts of electricity despite its capacity to produce 12,000Mw.
It lamented that paucity of funds to buy feed stock (gas) to power the turbines has also constrained the ability of the power firms to generate more power.
Its Executive Secretary Joy Ogaji, said the transmission infrastructure that would take power to the distribution companies have limited capacity to do that.
She said: “They have an available capacity of 8,000Mw. Out of that 8,000Mw, the transmission company or the transporter that can take this power from us to give to the distributor claim they have a maximum capacity of 5,500Mw but we believe they can’t take more than 4,500Mw.
“A system stress test that was conducted on the distribution lines showed that the distribution companies (DisCos), can take a maximum of 4,600Mw. With the available capacity, I have 8,000Mw if I say okay, come and take no one can take.”
Ogaji attributed the reduction in power generation, despite capacity to produce more, to insufficient funds to purchase gas needed at power plants.
“For now we don’t have vandalism problem but inability to pay for gas. How do we pay for the gas (when) my people were paid a week ago for the electricity generated in January?
“And when they put 100 per cent on the grid, maximally they have been paid 30 per cent of the money. This is one of the issues. As we speak, the sector owes the generation companies about N600 billion unpaid for power that have been generated and already been consumed.”
Ogaji said GenCos were ready to advance power generation in the country, adding that it was important to overhaul the transmission and distribution networks in the country to facilitate the supply of more electricity.
“Now Federal Government announced on March 1, that they are bringing N701 billion for the generation companies. Where is this money? We have written to government, please show us where this money is,” she said.