Transmission Company of Nigeria (TCN) has said Kano Electricity Distribution Company (KEDCO) deliberately refused to supply 189megawatts of power to consumers.
TCN in a rejoinder issued by its General Manager, Public Affairs, Ms Ndidi Mbah in Abuja on Wednesday gave a breakdown of a two-week a daily load to the DisCo.
The breakdown indicates that a total of348.80MW was allocated to KEDCO between August 13 and September 1st, 2019, stating that the DisCo only supplied 159.78MW to its customers in the period under review.
TCN also stated that it did not owe KEDCO just as it clarified that it did not sanction the DisCos unjustly.
She said: “The attention of the Transmission Company of Nigeria (TCN) has been drawn to the wild allegations and cheap blackmail by Kano Electricity Distribution Company (KEDCo) claiming that TCN was indebted to KEDCo, and that consequent upon this, it intentionally flouted the Market Participation Agreement it signed when the company was privatized, not minding the Market Rules nor the consequences of its actions.
“While TCN would not want to join issues with KEDCo since KEDCo had taken TCN to court, it is constrained to note that KEDCo is deliberately misinforming the public on the true facts of the matter. It is important to state that KEDCo was never singled out for suspension, but was sanctioned alongside Port-Harcourt, Ikeja, Enugu and Eko DiSCos who have all cured their debt, except KEDCo.
“As at May 2019, shortly before the Market Operator started enforcing 100% payment of Service Providers Invoices,KEDCO owed the Service Providers the sum of N23billion and KEDCo intentionally leaves this out in its narratives published in various newspapers. Just as it intentionally leaves out the fact that as at 2015, it owed the Service Provider’s a total of N8.27 billion even as it claims that it is being owed N3.2 billion.
“The so-called imbalance of N3.2 billion is an outstanding on them from the Market. TCN is NOT indebted to KEDCo. From February 2015 to December 2015, for a whole year, KEDCo refused to pay for any of its Service Provider invoices despite the fact that it was collecting monies belonging to the entire marketfrom electricity consumers within their franchise areas.
“On the Imbalance Mechanism used before TEM declaration in 2015, it provides that Discos that took energy more than their MYTO allocation compensates those that took less than their own allocation.
