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TCN To Remove AEDC From The Grid For ‘Violating’ Market Rule - Politics - Nairaland 6g3351

TCN To Remove AEDC From The Grid For ‘Violating’ Market Rule (10910 Views)

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Omooba77: 7:01pm On Jul 19, 2024
The Transmission Company of Nigeria (TCN) has issued a suspension notice to Abuja Electricity Distribution Company (AEDC) over alleged non-compliance with provisions of the market rules and failure to provide the Market Operator (MO) with an adequate Bank Guarantee in line with Section 15.3.3 of the MO.

It said the disconnection from national grid would occur on July 28 at the 33Kv Feeder from 132/33Kv Katampe 1 Transmission Station and 33Kv Feeder 3 from 132/33Kv Central Area Transmission Station.


In an advert placement on national dailies, signed by Ali Bukar Ahmad, the TCN said it had previously notified AEDC in writing of its default of the Market Rules via “request for fulfilment of Prudential Requirement dated 13/Feb/2024. Notice of Event of Default: Non-fulfilment of Prudential Requirement dated 22/Mar/2024 and notice of Intent to Issue a Suspension Order: non provisions of Adequate Bank Guarantee dated 8/Apr/2024.”

It stated that the notices requested that corrective actions be taken within specified period to avoid the default.


“In spite of all notifications, AEDC failed to cure this default. In view of this non-compliance, AEDC is hereby suspended from the MO istered Electricity Market. No new contract or agreement shall be entered into with AEDC within the suspension period.”


It stated that to rectify the situation, AEDC must provide an adequate bank guarantee within five business days from the date of the notice.

“If after the five days this default is not cured, AEDC’s network may be partially or totally disconnected from the grid in line with Section 45 of the Market Rules. Furthermore, after 30 business days of the disconnection from the grid and the default is not cured, the Market Operator will terminate AEDC’s Market participation agreement.”
https://dailytrust.com/tcn-to-remove-aedc-from-grid-for-violating-market-rule/

6 Likes 1 Share

mohims(m): 7:33pm On Jul 19, 2024
E don set for AEDC. Very fraudulent company

8 Likes 1 Share

Omooba77: 8:03pm On Jul 19, 2024
Hope EKEDC too will be added.......

4 Likes

Melagros(m): 10:07pm On Jul 19, 2024
COMRADES, welcome development
mrjoeblinks: 10:07pm On Jul 19, 2024
Ehen?
.
God said “Let there be light” I wonder wetin all this nepa people go tell God when dem reach yonda
bookson(m): 10:07pm On Jul 19, 2024
Not surprised
Nahunger(m): 10:08pm On Jul 19, 2024
cheesy

Wahala
For B A N A N A - R E P U B L I C
🥲

1 Like

SatoshiX: 10:08pm On Jul 19, 2024
Nonsense and ingredients.
Paying more for darkness.
ssogundele2003: 10:08pm On Jul 19, 2024
Ha! What again? Please make una settle this issue amicably o.
specialmati(m): 10:10pm On Jul 19, 2024
cool cool cool cool cool cool it's about to go down people

RALPHOW(m): 10:10pm On Jul 19, 2024
Please sell it to competent company like Siemens or American Electricity company.

3 Likes 1 Share

tayo4ng(m): 10:10pm On Jul 19, 2024
We are waiting, frivolous warning
bestman09(m): 10:13pm On Jul 19, 2024
Hope they have the balls to effect the disconnection. I hate empty threats.

2 Likes

Dronedude(m): 10:22pm On Jul 19, 2024
All for one, one for all. TCN Head office and even their Oga house dey Abuja.

3 Likes 1 Share

SpaceX: 10:28pm On Jul 19, 2024
AEDC are the ones supplying electricity to the north, hope we won't be affected? I no get money for fuel. My jet dey use electricity.
esemes256: 10:28pm On Jul 19, 2024
Wait oh, that means we no go get light again for Abuja? I no understand.

1 Like

Ameboperoo(m): 10:30pm On Jul 19, 2024
Hope it won't affect our power supply o. We don't want a repeat of what happened during NLC strike few weeks ago
bigiyaro(m): 10:42pm On Jul 19, 2024
Abuja! The HQ of all mediocres in Nigeria and Africa. From thieving politicians and government officials to incompetent workers of all kinds, from stupid ministers to clueless appointees to outright dullards running government institutions and business, you will find them in Abuja, from illegal schools and hospitals to quack doctors, blood sucking law enforcement officers they are all there. The devil just hand picked the worst humans and dumped them in the middle of Nigeria.

1 Like 1 Share

emmyN(m): 11:01pm On Jul 19, 2024
They should remove BEDC too
OMEGA009(m): 11:10pm On Jul 19, 2024
No wonder we never see light
Keaton(m): 11:41pm On Jul 19, 2024
OMEGA009:
No wonder we never see light
🤣🤣🤣
Keaton(m): 11:41pm On Jul 19, 2024
esemes256:
Wait oh, that means we no go get light again for Abuja? I no understand.
🤣🤣🤣🤣
Keaton(m): 11:42pm On Jul 19, 2024
Ameboperoo:
Hope it won't affect our power supply o. We don't want a repeat of what happened during NLC strike few weeks ago
it will 🤣🤣🤣
Keaton(m): 11:50pm On Jul 19, 2024
SpaceX:
AEDC are the ones supplying electricity to the north, hope we won't be affected? I no get money for fuel. My jet dey use electricity.
You're affected
Keaton(m): 11:50pm On Jul 19, 2024
emmyN:
They should remove BEDC too

1 Like 1 Share

Keaton(m): 11:51pm On Jul 19, 2024
bigiyaro:
Abuja! The HQ of all mediocres in Nigeria and Africa. From thieving politicians and government officials to incompetent workers of all kinds, from stupid ministers to clueless appointees to outright dullards running government institutions and business, you will find them in Abuja, from illegal schools and hospitals to quack doctors, blood sucking law enforcement officers they are all there. The devil just hand picked the worst humans and dumped them in the middle of Nigeria.
Keaton(m): 11:59pm On Jul 19, 2024
mrjoeblinks:
Ehen?
.
God said “Let there be light” I wonder wetin all this nepa people go tell God when dem reach yonda
Keaton(m): 12:00am On Jul 20, 2024
OMEGA009:
No wonder we never see light

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