Korea Electric Power Corporation's Operating Profit Increased by 62% Last Year, but Debt Still Exceeds 200 Trillion Won
Korea Electric Power Corporation reported a significant increase in operating profit for the last year, yet it still faces a staggering debt of over 200 trillion won.
NLC, GENCOs clash over N6tn debt, N3tn bailout plan
The Nigeria Labour Congress and power generation companies are locked in a dispute over a N6 trillion debt and a proposed N3 trillion government bailout.
Unpaid electricity bills now N6tn – GenCos
Power generation companies in Nigeria report that unpaid electricity bills have reached N6 trillion, raising concerns about the sustainability of power supply in the country.
CFE issues bonds worth 1.5 billion dollars in international markets
The Federal Electricity Commission (CFE) of Mexico issued two new benchmark bonds totaling 1.5 billion dollars in international financial markets.
The Ukrainian Embassy in Moscow is ordered by the court to pay electricity debt
A court has ordered the Ukrainian embassy in Moscow to settle its electricity debt.
200 million euros owed to DEI by 500 public entities
The Greek government is set to cover a debt of 200 to 250 million euros owed by various public entities to the Public Power Corporation, as numerous unpaid electricity bills have burdened the state budget from 2021 to 2023.
Electricity subsidy: FG to deduct N3.6tn from Federation Account
The Federal Government plans to deduct N3.6 trillion from the Federation Account to finance electricity subsidies over the next three years as a measure to manage the growing electricity subsidy debt.
South Africa restores power at Nigerian High Commission after debt payment
The Nigerian High Commission in Pretoria has had its electricity restored following the settlement of outstanding municipal service debts to the City of Tshwane.
Ghana pays $1.47 billion to settle energy debts and restore international confidence
Ghana's Ministry of Finance announced the payment of approximately $1.47 billion in 2025 to clear accumulated energy sector debts, a critical step in restoring financial stability and ensuring continuous electricity supply in the country.
Dependency on Gas: Italy Groans Under High Electricity Prices
Italy faces some of the highest energy costs in Europe, prompting Prime Minister Giorgia Meloni to announce plans for new subsidies amidst constraints from national debt.