WorldStage NewsOnlinne— The Port-Harcourt Electricity Distribution Company (PHEDC) has been suspended and disconnected from the electricity market by the Transmission Company of Nigeria (TCN).
The suspension order was posted on TCN’s twitter handle @TCN _Nigeria on Monday, adding that the suspension took effect from Sunday.
TCN said that the suspension order followed default by PHDC in the Market Conditions/Market Participation Agreements.
The Kano Electricity Distribution Company (KEDCO) is currently on suspension and has also been disconnected from the electricity market.
The KEDCO was suspended on July 21.
In the last few weeks, similar suspension and disconnection orders had been issued against Kano, Enugu, Eko and Ikeja DISCOs over the same allegations of infraction of market rules.