Nigeria’s power grid slipped deeper into distress in October as new operational data show that 17 of the country’s 23 grid-connected power plants ran below 50 percent of their installed capacity, worsening nationwide blackouts and underscoring the escalating financial crisis gripping the electricity supply industry.

A detailed review of the Nigerian Electricity Regulatory Commission’s (NERC) latest performance factsheet reveals that several major generating stations delivered only a f

…As blackouts pain deepens

Nigeria’s power grid slipped deeper into distress in October as new operational data show that 17 of the country’s 23 grid-connected power plants ran below 50 percent of their installed capacity, worsening nationwide blackouts and underscoring the escalating financial crisis gripping the electricity supply industry.

A detailed review of the Nigerian Electricity Regulatory Commission’s (NERC) latest performance factsheet reveals that several major generating stations delivered only a f