electricity generation News
Latest articles and news about electricity generation on AXL Media.
Latest Articles
- Egbin Power Plant Suspends Operations and Disconnects From National Grid After Fatal Underwater Industrial Maintenance Accident
Published: Apr 30, 2026
Section: Africa
Nigeria’s largest electricity generation facility, Egbin Power Plc, has confirmed the death of a contract diver during a maintenance operation at its Lagos facility. The incident,...
- Transcorp Power Plc Announces N91.4 Billion Annual Profit and Declares N41.25 Billion Dividend Following Capacity Expansion
Published: Apr 28, 2026
Section: Africa
Transcorp Power Plc reported a robust 2025 fiscal year at its 13th AGM in Abuja, with revenue hitting N398 billion and profit after tax rising by 14.25%. The company declared a tot...
- Transcorp Power Reports ₦39.6 Billion Pre-Tax Profit as Infrastructure Vandalism and Gas Shortages Hit Q1 Revenue
Published: Apr 25, 2026
Section: Africa
Transcorp Power Plc has released its Q1 2026 financial results, reporting a revenue of ₦94.59 billion and a profit before tax of ₦39.59 billion. Despite a year-on-year decline in e...
- Power Sector Rescue: Federal Government Inaugurates Monitoring Committee to Resolve Gas Supply Crisis
Published: Apr 13, 2026
Section: Africa
The Minister of Power, Chief Adebayo Adelabu, has established a Gas-to-Power Monitoring Committee to tackle the systemic bottlenecks hindering Nigeria’s electricity generation. Wit...
- Minister Adelabu Cites Record Power Generation and Debt Settlement as Evidence of Successful Sector Transformation
Published: Mar 28, 2026
Section: Africa
Power Minister Adebayo Adelabu has announced that Nigeria has achieved its highest recorded electricity generation levels to date. Speaking at the Q1 2026 NESI Stakeholders’ Meetin...
- Power Minister Adebayo Adelabu Issues Formal Apology and Sets Two Week Deadline for Electricity Supply Restoration
Published: Mar 25, 2026
Section: Africa
Minister of Power Adebayo Adelabu attributed current nationwide blackouts to a N6 trillion sectoral debt and Middle East export pressures affecting gas supplies to thermal plants....