The Managing Director, Egbin Power Plc, Dallas Peavey, said the country was heading towards another blackout next week as liquidity, transmission and gas supply issues threatened its operations
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Speaking on Egbin’s post privatization achievements, Dallas Peavey, the Chief Executive Officer, said prior to the privatization of the plant in November 2013, Egbin averaged generation of below 300MW due to the dismal operational state of its six units and at its lowest point, only two of the six units were partially operational
Peavey made the assertion in an interview with the News Agency of Nigeria in Lagos against the backdrop of the company’s inability to expand its plant for further electricity generation
Facts indicated that NBET owes the power companies various sums