Sixteen power plants are currently performing below capacity as the country grapples with the reality of constant grid collapses.
Data obtained by Newsmen on this regard from the electricity market operator (NERC) on Monday, revealed that some power plants- Afam IV-V, Sapele ST, Olorunsogo NIPP, Omotosho NIPP, Sapele GT NIPP, Ihovbor NIPP, Geregu NIPP, Omotosho, Olorunsogo, Ibom Power, River IPP, Omoku, Trans Amadi, Paras, Taopex Energy and Dadin Kawa- currently produce just about 1,053MW (37 per cent) of the power consumed in-country.
On the other hand, only 10 power plants classified as major, including, Egbin ST, Delta GS, Kainji Afam VI, Odukpani, Shiroro, Jebba, Okpai, Azura IPP and Geregu currently generate 56 per cent, about 3,398MW of total power consumed.
Although the 26 plants have a total installed capacity of 12, 199MW, current electricity generation by the generating companies of less than 5000MW, is a far cry from what the country requires to reach industrialisation.
Experts say the country needs nothing less than 30,000MW to reach sufficiency.
This is as NERC in its newly released ‘Nigeria Electricity Report: Energy Billed, Revenue Generated And Customers By DISCOS’ for the fourth quarter of 2023, said power supply increased by about 15 per cent across the country despite recent nationwide reality showing consumers lamenting low supplies.
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