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Discos express inability to meet payment obligations

Electricity distribution companies in the country have said that it was becoming increasingly difficult for them to meet their operational payment obligations to the government..

According to the power companies, the development has led to a halt in investments in electricity distribution assets..

Speaking on behalf of the firms during a meeting with the Federal Government in Abuja on Tuesday, a representative of Eko Electricity Distribution Company, Mr. Ernest Orji, urged the current administration to assist the firms in closing the gaps that were not envisaged when they were acquiring the power assets.

Source : energymixreport.com/
Posted On: 7/15/2015 12:00:00 AM

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