Gencos, TCN, Discos underperformance threaten FG target – Report

However, it identified Ikeja, Benin and Abuja Discos as the highest performers with 54.7 per cent, 47.9 per cent and 44.4 per cent respectively.
These were followed by Jos, Ibadan, Eko, Kano and Enugu with 42.6 per cent, 40.4 per cent, 38.4 per cent, 37.4 per cent and 33.0 per cent respectively.
The Discos were scored based on their ATC &C effort (10 points), collection efficiency (15 points), metering commitment (20 points), HV clearn Index (10 points), MO remittance (15 points) and NBET remittance (30 points) respectively.
Specifically, many companies did not do well in most key performance indicators, thus impacting negatively on the sector and Nigeria’s economy.
The inefficiency associated with revenue collection has affected the operations of not only the Discos but also the Gencos.
Consequently, the Gencos and other operators in the power chain may have to struggle to run its operations as compliance to remittance from the Discos averaged less than 15 percent out of the 30 percentage points target.
The highest remittance was Abuja Disco with 14 percent, followed by Eko Disco with 13 percent; while Ikeja, Ibadan scored 11 per cent each, Enugu scored 10 percent. While Yola scored 4 percent; Kano and Jos scored 5 percent each.
Also, Kaduna, Port Harcourt and Benin scored 6 percent; 7 percent and 9 percent respectively.
Consequently, the report charged the Discos to speed up their customer enumeration exercises.
It stated: “Discos should adhere to commitment made to the commission on metering, network upgrade and expansion, enforcement of customer service standards to include respect forum office directives, 30 days timeline for new point load connections to promote ease of doing business, completer metering of MD customers, improvement in timelines for fault clearance and communication of planned outages.
“Discos should improve market liquidity: contract enforcement and sanctions for non-compliance, stop load rejection.”
The report also called on TCN to improve it capacity and quality of service (supervisory control and data acquisition, SCADA, and investment in network expansion/capacity).

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