Nigeria Moves to Revive Idle Power Plants with New Grid Asset Management Company
The Federal Executive Council has approved the incorporation of the Grid Asset Management Company Limited(GAMCO) as part of a new effort to tackle Nigeria’s long-standing electricity challenges. The commercially structured company will focus on reviving underperforming government-owned power plants and addressing major bottlenecks in the national grid. According to officials, the initiative could recover about 1,600 megawatts of electricity […]
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