Tag: GENCOS DEBT

  • FG SETS UP COMMITTEE TO CLEAR GENCOS’ DEBTS, ENSURE SUSTAINABLE POWER SECTOR FINANCING

    FG SETS UP COMMITTEE TO CLEAR GENCOS’ DEBTS, ENSURE SUSTAINABLE POWER SECTOR FINANCING

    ‎ Federal Government has set up a committee to resolve the outstanding debts owed to Power Generation Companies (GenCos) and develop a sustainable payment system to prevent future arrears. This was announced by Permanent Secretary of the Ministry of Power, Mahmuda Mamman, at the 10th anniversary of the Association of Power Generation Companies (APGC) in…