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Axxela, other investors grab stakes in Eko Disco
New investors to transform EKEDC into integrated power firm Sopuruchi Onwuka A number of deep pocket investors have acquired significant equity stakes in the Eko Electricity Distribution Company (EKEDC) Limited, clearing the path for the power marketing company to transform…
China to generate annual 300 bn kWh from world’s largest dam
Sopuruchi Onwuka, with agency reports The Chinese government has approved the construction of a massive hydroelectric power plant over the world’s largest dam to be built over the sacred Yarlung Tsangpo River in the Tibet autonomous region. When ready, the…
EKEDC jails 3 vandals, warns others
Sopuruchi Onwuka Eko Electricity Distribution Company (EKEDC) has successfully prosecuted and secured the conviction of three thieving bandits for vandalizing power distribution facilities. The company which has been in eternal battle to secure it assets from vandals and thieves stated…
Pan-Atlantic University partners CESEL, the University of Lincoln on biogas production
Sopuruchi Onwuka Nigeria’s leading innovative and enterprise oriented institution, Pan-Atlantic University (PAU), has entered collaboration with leading foreign institutions to develop and implement farm based advanced biodigesters in the country. According to a statement from the PAU, formerly Lagos Business…
EKEDC advises customers as it begins STS 2.0 free meter upgrade
Encourages Customers to Load Previous Tokens Before Upgrading Eko Electricity Distribution Company (EKEDC) says it has begun the Standard Transfer Specification (STS) 2.0-meter upgrade for its metered customers. General Manager in charge of Corporate Communications and Strategy, Babatunde Lasaki, stated…
EKEDC advises customers to settle bills ahead of impending system upgrade
Payment platforms downtime expected from October 18th Sopuruchi Onwuka Eko Electricity Distribution Company (EKEDC) demands all its customers to hurry with the settlement of their electricity bills ahead of planned systems upgrade that would likely impact its payment platforms with…
EKEDC cautions customers against fake meter agents
As nabbed impersonator is arraigned in court Sopuruchi Onwuka Eko Electricity Distribution Company (EKEDC) has urged its customers to always engage only official channels in procuring their meters in order to avoid fraudsters masquerading as field executives of the company….
Unilag yanked from grid over unpaid N1.034bn debt __EKEDC
Sopuruchi Onwuka The Eko Electricity Distribution Company (EKEDC) has declared that the University of Lagos was disconnected from its distribution systems due to lingering billion Naira debt. General Manager in charge Corporate Communications and Strategy at Eko Disco, Babatunde Lasaki,…
AMCON to auction non viable IBEDC to new investors
Sopuruchi Onwuka The Assets Management Corporation of Nigeria (AMCON) has declared intention to auction off the Ibadan Electricity Distribution Company (IBEDC) to a new set of investor to make its operations more viable. AMCON had in January 2022 taken the…
Offshore wind installations to surpass 520 GW global capacity by 2040
Sopuruchi Onwuka Offshore installations for wins power will be responsible for significant 520 gigawatts of electricity generation in the next 16 year, according to industry advisory firm, Rystad Energy. In an industry outlook emailed to The Oracle Today, Rystad stated…
