DisCos earn N603bn as power offtake drops
Nigerian electricity distribution companies collected N603.64bn in the second quarter of 2026 despite a 3.40% drop in power offtake, a NERC report shows. Read More: https://punchng.com/discos-earn-n603bn-as-power-offtake-drops/
Electricity distribution companies (DisCos) collected N603.64 billion from customers in the second quarter of 2026, according to the Nigerian Electricity Regulatory Commission's report. This figure came despite a drop in the amount of electricity they received from the power market. The average offtake by DisCos at their trading points decreased to 3,197.03 megawatt-hours per hour, marking a 3.40% decline from the 3,309.48MWh/h recorded in the first quarter.
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- DisCos earn N603bn as power offtake drops punchng.com
