Academic literature on the topic 'Power Holding Company of Nigeria'
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Journal articles on the topic "Power Holding Company of Nigeria"
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Orukpe, P. E., and F. O. Agbontaen. "Prepaid Meter in Nigeria: The Story so Far and the Way Forward." Advanced Materials Research 824 (September 2013): 114–19. http://dx.doi.org/10.4028/www.scientific.net/amr.824.114.
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The prepaid meter was introduced in Nigeria to aid revenue collection and generation by Power Holding Company of Nigeria (PHCN) in 2006 as well as abolished meter reading and estimated billing. Since its introduction there are still some challenges being faced by consumers and the power network operator. In this paper, we examined the Nigeria power sector, prepayment meter, advantages and disadvantages of the prepaid meter and smart meter in Nigeria. Finally, we make some recommendations.
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OMACHI, OLOBO, and USMAN MOHAMMED. "PRIVATISATION AND COMMERCIALIZATION IN NIGERIA: A STUDY OF POWER HOLDING COMPANY (PHCN) OF PUBLIC ENTERPRISES." International Journal of Social Sciences and Management Review 07, no. 05 (2024): 432–41. http://dx.doi.org/10.37602/ijssmr.2024.7532.
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The study examines impact of privatization and commercialization of PHCN on Nigeria people. The paper utilized both primary and secondary sources of data and data collected were descriptively analyzed with a view to seeking answers to the broad question of the effect of privatization and commercialization of government-owned enterprises in Nigeria with reference to Power Holdings Company of Nigeria (PHCN), Benin Zone. The study engaged one hundred and fifty-four (154) respondents randomly selected from the five departments of PHCN, Benin. The findings revealed that PHCN has to contend with internal and external environmental hostilities and constraints such as poor funding of the enterprise, corruption, excessive control by the Federal Government, vandalization of its equipment by hoodlums, fraud, shady dealings, poor maintenance, erosion, and debts owed it and irregular rainfall. Government should examine and select the competent people who will handle private enterprises and not people of questionable character. Capturing the confidence of labour, building more power plants, staff training and motivation, monitoring of the privatization processes, transparency and accountability will check corruption, Government interference and recruitment by patronage. The paper concluded that electricity is the bedrock of socioeconomic development of any nation hence priority must be set for its full privatization and commercialization as it did to the national telecommunication carrier, NITEL, so than Nigerians can grow and develop like other nations such as Malaysia, Indonesia and India, which have almost same characteristics like Nigeria. Private-sector driven economy is key to this development and government must create this sector in Nigeria if it must grow and develop industrially, socially and politically.
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Odior, A. O., and F. A. Oyawale. "A review of some of the operations of power holding company of Nigeria." International Journal of System Assurance Engineering and Management 3, no. 2 (2012): 160–68. http://dx.doi.org/10.1007/s13198-012-0104-y.
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Okoro, O. I., and E. Chikuni. "Power sector reforms in Nigeria: opportunities and challenges." Journal of Energy in Southern Africa 18, no. 3 (2007): 52–57. http://dx.doi.org/10.17159/2413-3051/2007/v18i3a3386.
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Constant power supply is the hallmark of a devel-oped economy. Any nation whose energy need is epileptic in supply, prolongs her development and risks losing potential investors. Nigeria, a country of over 120 million people, has for the past 33 years of establishment of the National Electric Power Authority (NEPA) agency empowered with the elec-tricity generation, transmission and distribution, wit-nessed frequent and persistent outages. Presently, the federal government has embarked on power sector reforms with the intention of improving the above unpalatable scenario and in turn reduce the scope of monopoly control of the nation’s power industry. This paper therefore looks at the overall power sector reforms as well as evaluates the opportunities and challenges there from; while advocating introduction of a demand side manage-ment (DSM) program by Power Holding Company of Nigeria (PHCN) as a way of reducing energy con-sumption among customers with emphasis on ener-gy conservation, energy efficiency and load man-agement.
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Ogujor, E. A., E. U. Ubeku, and P. T. Aikhoje. "Application of Pareto Analysis to Faults Identification in Electrical Distribution Network: A Case Study of Ugbowo 11kV Feeder, Benin City, Nigeria." Advanced Materials Research 62-64 (February 2009): 75–81. http://dx.doi.org/10.4028/www.scientific.net/amr.62-64.75.
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Application of Pareto Analysis technique in major feeder pillar faults identification is presented in this paper. Power outage data due to feeder pillar faults were collected between January, 2005 and September, 2007 from Power Holding Company of Nigeria (PHCN), Ugbowo district office, Edo State, Nigeria for four feeder pillars. The data were processed and Pareto Analysis technique was applied to the field data. The results obtained shows that eliminating wrong fusing and overloading in Edaiken 2 and Holex feeder pillars will reduce faults by 77.42 and 79.53% respectively while eliminating wrong fusing, overloading and line-to-line faults in Uwasota 2 and Holy Rosary feeder pillars will reduce faults by 87.9 and 88.35% respectively.
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Adegboye, B. A., and M. G. Mele. "Investigating the Quality of Power Supply to a Large Commercial Installation." Advanced Materials Research 367 (October 2011): 159–65. http://dx.doi.org/10.4028/www.scientific.net/amr.367.159.
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The paper investigates the quality of power supply to the Corporate Headquarters of the Power Holding Company of Nigeria (PHCN), PLC, Maitama, Abuja. This was facilitated by the measurements conducted using the harmonitor 3000 power analyzer on the secondary terminals of the two (2) 1000kVA, 11kV three-phase transformers serving the Company. The data on the network consisting of voltages, currents, power factor and harmonic distortion were acquired by the Harmonitor. Analysis of these data shows that there is significantly high variation between the minimum and the maximum voltage and that the phase loads are unbalanced. There is low power factor and the total harmonic distortions (THD) on the phases and neutral are high. The causes of the poor quality of power supply were identified and recommendations proposed taking into cognizance the complexity and sensitivity of the equipment in the network.
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Bambale, Abdu Ja‟afaru, Faridahwati Mohd Shamsudin, and Chandrakantan a/l Subramaniam. "Mediating effect of psychological ownership on the relationship of servant leadership and organizational citizenship: a conceptual model." Journal of Management and Science 1, no. 4 (2012): 304–8. http://dx.doi.org/10.26524/jms.2012.39.
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This is a conceptual study that proposes examining a mediated model of organizationalcitizenship behavior (OCB) among employees of Power Holding Company of Nigeria (PHCN) Plc. ThePHCN Plc is a sole producer and distributor of electricity in Nigeria and plays a vital role in supporting thesocio-economic development of Nigeria. If performance of OCB is enhanced among employees of this utilityorganization, effective functioning of the organization and ultimate realization of its goals and objectives willalso be enhanced. Extensive review of relevant literature was done for better understanding of the currentdevelopment of research involving OCB, servant leadership and psychological ownership that constitute themodel of this study. Cross sectional and survey study will be employed as methods for data collection. Onestage cluster sampling technique will be employed to obtain representative response from a sample of 322lower and middle level employees of Kano PHCN Distribution Company. A combination of both descriptiveand inferential statistics will be employed to test the hypothesized model. Structural equation modeling (SEM)will be used in the analysis because of its analytical power of testing several relationships simultaneously andreducing measurement error.
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Iyidobi, J. C., I. V. Mba, and C. E. Opata. "Development of an Online Fault Reporting/Management System for Power Holding Company of Nigeria (PHCN), Ikeja Zone." American Journal of Applied Sciences and Engineering 4, no. 2 (2023): 32–48. https://doi.org/10.5281/zenodo.15126253.
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<em>The fault reporting system put in place by in Nigeria power distribution companies have been found to be ineffective in capturing fault reports from customers. This has contributed to the increase in outage duration in distribution networks. This project successfully developed an effective and efficient fault reporting and management system for a Nigeria electric power distribution network. The developed system allows distribution network customers to make online reports of electrical faults in their properties. The system will also allow distribution networks’ fault monitoring teams to report faults in their facilities, online. Distribution Companies will also use data captured by this system to manage fault rectification and plan against fault re-occurrence. The developed system will also educate users on safety issues and how best to handle distribution facilities to reduce fault re-occurrence. Though the project was successful, further works could still be done on the project to make it even more effective and efficient in fault reporting and management. The incorporation of an automation system that sends e-mail alerts to users when relevant updates is made by the system administrator and the introduction of security features to protect the system and its users from external and internal attacks are recommended future works that will make this system much more robust and effective.</em>
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Aguda, Olukayode Olalekan. "Constitutional and Institutional Governance of Electricity Sector in Nigeria." Journal of Energy Research and Reviews 14, no. 4 (2023): 32–44. http://dx.doi.org/10.9734/jenrr/2023/v14i4291.
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The extensive reform of Nigeria's power industry is focused on deregulation, restructuring, and privatisation. The government started a comprehensive economic reform programme in 1999, which includes this reform. The National Electric Power Policy (NEPP) of 2001 and the Electric Power Sector Reform (EPSR) Act of 2005 both first stated the need for privatising the electricity sector. The privatisation of the entire energy sector made considerable strides in 2013 with the transfer of ownership of six electricity production businesses and eleven electricity distribution companies. The reform has led to the repeal of the EPSR Act 2005 by the enactment of the Electricity Act 2023. This paper therefore seeks to ensure that a reform process is not only set up but prioritized within the Electricity sector.
 With the passage of the Privatisation and Commercialization Act in 1988 and the subsequent creation of the Technical Committee for Privatisation and Commercialization (TCPC) in 1993, the reform process got underway. When civilian authority was restored in 1999, the government passed the Public Enterprises (Privatisation and Commercialization) Act, which established the National Council on Privatisation (NCP) as the top policy-making body on privatization-related matters. The Bureau for Public Enterprises (BPE) was created under the Act to serve as the government's technical operator and task manager for its public enterprise reform initiative.
 The reform legislation calls for licencing, liberalisation, the unbundling of the public monopoly utility, corporatization, and the commercialization of successor enterprises. The Power Holding Company of Nigeria (PHCN) was established as a holding company. To ensure a competitive electricity market, the law suggests selling generating and distributing enterprises to core investors.
 Despite privatisation attempts, Nigeria's electrical supply reliability remains a serious difficulty, and regulation remains an urgent issue. Due to the inconsistent availability of energy, manufacturers continue to rely primarily on diesel generators. Power plant failures have resulted in significant electrical shortages, with daily power outages lasting several hours.
 Conclusively, while the Nigerian power sector has undergone significant reforms, there is still a need for further improvements in regulation and electricity supply reliability to address the country's persistent energy challenges and support economic diversification beyond oil production and manufacturing sector collapse.
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Usifo, F. O., and Eromosele Oria Usifo. "Elimination of Frequent Electric Power Interruption Due to Lightning Discharge in Nigeria." Advanced Materials Research 18-19 (June 2007): 111–16. http://dx.doi.org/10.4028/www.scientific.net/amr.18-19.111.
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The problems facing the Power Holding Company of Nigeria PLC (PHCN) which was formerly called the National Electric Power Authority (NEPA), are numerous to the extent that every power electric engineer both in the industrial sector and in academic is being challenged to proffer possible solutions. In an attempt, to combat some of these problems, this paper is therefore focused on a problem, affecting frequent power interruption to consumers during rainy season by PHCN. A research carried out before now ascertained that more than 500 hours were lost annually on power interruptions due to lightning discharge in various substations throughout the country during rainy season. Therefore, this paper has suggested the use of double lightning arresters instead of one, for the protection of industrial and domestic electrical installation work. It recommended the use of Thyrite or Oriaghe low voltage lightning arrester to prospective power consumers for domestic application. Also, for the high voltage protection it recommended the use of the high voltage Thyrite lightning arrester for lightning discharge protection of transformers and switch gears, used by PHCN.
Dissertations / Theses on the topic "Power Holding Company of Nigeria"
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Ewulum, Ogemdi Kilian. "A new maintenance strategy for Power Holding Company Nigeria to contest the current power demand problem / O.K. Ewulum." Thesis, North-West University, 2008. http://hdl.handle.net/10394/2582.
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Power Holding Company of Nigeria (PHCN), responsible for generating,
transmitting and distributing electricity in Nigeria is being faced with an apparent
huge maintenance problem which seemingly contributes greatly to the power
demand problem of the country.
This apparent maintenance problem is investigated by surveying its root causes
through interviews, questionnaires and data gathered from selected case studies.
Questionnaires were used scientifically with a confidence level of 95% and
interval of +-5% and +-4.4% to establish a high level of integrity on data
gathered. Findings and deliverables are compared to South Africa’s power utility
company Eskom for validation of the final deliverable.
With the findings of this survey, the research problem was overcome by
developing a new maintenance strategy and work authorization system for the
company while making some recommendations on the training being given to its
maintenance personnel.
The New strategy called ‘Utility Availability Centered Maintenance Strategy’ or
UACMS is presented in the form of a flow chart/ block diagram with its different
sections fully explained. It mainly combines preventative, predictive and
corrective maintenance strategies alongside other modern maintenance
techniques. It’s all linked to a computer database support to ensure high
effectiveness. Furthermore, the work authorization system called ‘Internal Task
Authorization form’ serves to ensure responsibility in task execution within the
company.
During the course of this research, an excessive application of corrective
maintenance strategy, lack of root cause analysis and unavailability of computer
based applications were discovered in PHCN.<br>Thesis (M.Ing. (Development and Management Engineering))--North-West University, Potchefstroom Campus, 2009.
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Anieheobi, Callistus Chukwuemeka. "Congo-Nigeria hydroelectric superhighway grid : an economic viable option / Anieheobi Callistus C." Thesis, North-West University, 2008. http://hdl.handle.net/10394/3667.
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Electricity availability and stability have a great contributory share of industrialization growth rate, poverty statistics, unemployment, foreign investors' participation, medium and small scale encouragement, crime and mortality rates recorded in any country. Nigeria as a country has been challenged with unstable and unreliable power supply.
There are many problems associated with electricity production in Nigeria. Such problems are recorded in the generation, transmission and distribution facets of electricity production.
With a multi-faceted problem, this document has been developed to deal with the economic aspect of power generation in Nigeria. Out of numerous technologies that are used in power generation, Nigerian predominantly sources its electricity supply from gas power plants and hydropower systems located within the country. Unfortunately, the Nigeria hydropower has been challenged with hydrological shortfalls. The gas power plant which is now conventional is being challenged with the developing gas technology around the globe. This development has adversely affected the cost of gas and subsequently the cost of power production using gas power plants.
As a result of hydrological limitations on Nigerian hydropower dams, effect of gas price on cost of energy produced and diversifying gas technology, harnessing electric energy from Inga falls of River Congo was considered as an economic choice of power production in Nigeria. The choice of power production adopted in this document was made from an economic viability studies carried out between Nigerian gas power plants and hydropower production from the River Congo.
The choice of technology employed for harnessing electric energy is largely dependent on the economic factors that go with the development. While some of these technologies go with large initial capital investment some are challenged with geometric increase of running cost. As applied in this work, the Net Present Value, Internal Rate of Return, Levelized Cost of Energy and Cash Flow Trend Analysis are suitable tools to determine choice of power plant. These tools were integrated and developed as an NILC model.
In the analysis presented in this dissertation, the economic viability of the two power plants selected was determined with the use of the Net Present Value, Internal Rate of Return, Levelized Cost of Energy and Cash Flow Trend Analysis (NILC) model. The model was used to measure the economic viability quantities of the two power plants selected for economic comparison.
After the completion of economic comparative analysis, hydropower production from the River Congo was concluded to be a better choice of power production compared to the conventional gas power plant option in Nigeria.<br>Thesis (M.Ing. (Development and Management Engineering))--North-West University, Potchefstroom Campus, 2009.
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Aghenta, Emmanuel Aigbokhaibho. "Mitigating risks associated with Lockout/Tagout (LOTO) of hazardous energy in Nigeria : a tracker approach / E.A. Aghenta." Thesis, North-West University, 2012. http://hdl.handle.net/10394/9776.
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The main objective of the study was to determine the risk(s) associated with lockout/tagout of hazardous energy and propose a new LOTO procedure which tracks the implementation of LOTO to mitigate against identified risks as a basis for promotion of safety. The study focuses on electrical personnel working in PHCN. Only electrical accident risks are examined, not other types of risk e.g. mechanical, chemical, and nuclear.
To gather material for this study, a questionnaire was distributed amongst electrical workers in PHCN and their supervisors were interviewed. Relevant literature and publications were studied as reference.
According to electrical personnel experience, electrocution, arc flash, arc blast, burns and lockout and tagout of the wrong electrical circuit are seen as the biggest electrical safety risk with regards to LOTO of hazardous energy.
The research reveals new information about electrical accident risks. This information is used to create a procedure for tracking LOTO of hazardous energy. The procedure can be utilized in the mitigation of electrical risks and promotion of<br>Thesis (MIng (Development and Management Engineering))--North-West University, Potchefstroom Campus, 2013.
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Yeh, Shwu-Rong, and 葉淑容. "Exploring the Competitive Strategic Formulation and the Executive Power of the Financial Holding Company in Taiwan－ A Case of Company F." Thesis, 2007. http://ndltd.ncl.edu.tw/handle/30098688881937003792.
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碩士<br>淡江大學<br>國際貿易學系國際企業學碩士在職專班<br>95<br>This research approaches the development of financial holding company in Taiwan by case study, in which we discuss how the case company forms its strategies and shows its executive power. We analyze the inner and outer circumstances of the case company and conclude few points about the above main ideas:
1.Aiming the case company’s mission statement, we estimate its inner, outer and macro-circumstances and conclude few factors of forming its strategies as the references when necessary.
2.By financial innovation, company F reaches rapidly its mission statement ( becoming a financial institute benefiting customers, share holders and employees ).
3.Company F should continue its company government and obey the law related, reinforce the existing training of the employees, in the same time, execute risk management, investment merge and acquisition policies, provide excellent quality of service and organize new and innovative team, all of which could be the preparations for beccoming the leading brand and international financial holding company as well as achieving the goal of triple win for customers, share holders and employees.
Books on the topic "Power Holding Company of Nigeria"
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GOVERNMENT, US. Compilation of selected energy-related legislation: Electricity, including Federal Power Act, Public Utility Holding Company Act of 1935 ... U.S. G.P.O., 1991.
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US GOVERNMENT. Compilation of selected energy-related legislation: Electricity, including Federal Power Act, Public Utility Holding Company Act of 1935 ... U.S. G.P.O., 1993.
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US GOVERNMENT. Compilation of selected energy-related legislation: Electricity--including Federal Power Act, Public Utility Holding Company Act of 1935 ... U.S. G.P.O., 1997.
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United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Energy and Power. Registered holding company transactions: Hearing before the Subcommittee on Energy and Power of the Committee on Energy and Commerce, House of Representatives, One Hundred Third Congress, second session, on the 1992 Ohio Power decision, May 26, 1994. U.S. G.P.O., 1994.
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Office, General Accounting. Electricity supply: Potential effects of amending the Public Utility Holding Company Act : report to the chairman, Subcommittee on Energy and Power, Committee on Energy and Commerce, House of Representatives. GAO, 1992.
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United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Energy and Power. IPP's and the Public Utility Holding Company Act: Hearing before the Subcommittee on Energy and Power of the Committee on Energy and Commerce, House of Representatives, One Hundredth Congress, second session, September 14, 1988. U.S. G.P.O., 1989.
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United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Financial Institutions and Consumer Protection. Examining financial holding companies: Should banks control power plants, warehouses, and oil refineries? : hearing before the Subcommittee on Financial Institutions and Consumer Protection of the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Thirteenth Congress, first session, on examining permissible banking activities under the Bank Holding Company Act (BHCA), July 23, 2013. U.S. Government Printing Office, 2014.
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United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Securities. Encouragement of cogeneration activities by gas utility holding company systems: Hearing before the Subcommittee on Securities of the Committee on Banking, Housing, and Urban Affairs, United States Senate, Ninety-ninth Congress, first session, on S. 727 ... September 17, 1985. U.S. G.P.O., 1986.
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US GOVERNMENT. Compilation of selected energy-related legislation: Electricity, as amended through December 31, 2000--including Federal Power Act, Energy Act of 2000, Sec. 603; Public Utility Holding Company Act of 1935 ... U.S. G.P.O., 2001.
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US GOVERNMENT. Registered holding company transactions: Hearing before the Subcommittee on Energy and Power of the Committee on Energy and Commerce, House of Representatives, ... the 1992 Ohio Power decision, May 26, 1994. For sale by the U.S. G.P.O., Supt. of Docs., Congressional Sales Office, 1994.
Find full textBook chapters on the topic "Power Holding Company of Nigeria"
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Oritsejafor, Emmanuel O. "Enhancing Competitiveness of Public Utilities in Nigeria." In Advances in Public Policy and Administration. IGI Global, 2018. http://dx.doi.org/10.4018/978-1-5225-4177-6.ch017.
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The poor performance of the state owned electricity company the National Electric Power Authority (NEPA), has provided the impetus for the establishment of the Power Holding Company of Nigeria (PHCN). However, despite the power sector reforms in Nigeria the country has continued to face massive challenges in the generation and distribution of electricity.
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LeBlanc, Louis A. "Armadillo Power & Light." In Advances in Computer and Electrical Engineering. IGI Global, 2001. http://dx.doi.org/10.4018/978-1-930708-04-4.ch005.
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Armadillo Power & Light Company (AP&L), headquartered in Hondo (TX), provides electric service to the lower half of the Lone Star State. AP&L is a wholly owned subsidiary of Texas Power Corporation, an electric utility holding company. The General Accounting (GA) Department of AP&L is primarily responsible for closing the company books on a monthly basis. After the books are closed, GA is responsible for providing senior management with data relating to key operating results. This data includes a comparative income statement, analysis of rate of return on common equity, analysis of operating revenues and megawatt hours (MWH) sales (as shown in Figure 1), analysis of sources and disposition of energy, and analysis of operation and maintenance expenses by function.
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Grischkan, Jamie. "Banking and the Antimonopoly Tradition." In Antimonopoly and American Democracy. Oxford University PressNew York, 2023. http://dx.doi.org/10.1093/oso/9780197744666.003.0006.
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Abstract “Banking and the Antimonopoly Tradition: The Long Road to the Bank Holding Company Act” excavates the history of the bank holding company, a corporation that owns or controls one or more US banks, and the movement to prevent its monopolistic expansion in the decades surrounding World War II. Staked on constitutional grounds that emphasized the dangers of concentrated financial power to democratic governance, the battle for bank holding company reform represents a pivotal, yet virtually unacknowledged, chapter of the American antimonopoly tradition. Culminating in the enactment of the Bank Holding Company Act in 1956, the struggle for bank holding company legislation challenges long-standing narratives of American political economy that portray World War II as the end of Progressive economic reform and the antitrust movement as a faded passion. Foregrounding the neglected history of the rise and regulation of bank holding companies in the twentieth century ultimately reveals that antimonopoly ideals survived long after their supposed demise and continued to structure national policymaking well into the postwar decades.
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O’Neill, Phillip. "The Corporation, Shareholder Value Added, and the Power of Financial Management Narratives." In Understanding The Firm. Oxford University PressOxford, 2006. http://dx.doi.org/10.1093/oso/9780199260799.003.0005.
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Abstract BHP Billiton is the world’s largest resources company, although it is a relatively new global corporation having been assembled from the merger of BHP Ltd, a large Australian mining and steel manufacturing company, and Billiton Plc, a UK-listed company with extensive mining histories in southern Africa. Previously, both BHP and Billiton underwent major trans-formations in structure, assets, and operations during the 1990s. While each of the companies built wealth for its shareholders over many decades, their creation of shareholder wealth was always compromised by other claims on the surplus values they generated including from workers, governments, and local communities; and there have been a variety of means for reconciling these claims. In 2002, BHP Billiton introduced a new yardstick to guide its accumulation ambitions and its distributional flows. The Strategic Framework for the newly merged company announced that BHP Billiton’s ‘ultimate goal must be to be a core holding for global equity investors’ (BHP Billiton Group 2002: 3) thereby positioning the global funds managers as BHP’s single most important stakeholder group, a decidedly different relationship to those that historically underpinned both companies.
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Praveen, Roopa, Dilip Aher, and Nilesh Anute. "A Twist in the Tail." In Indian Business Case Studies Volume V. Oxford University PressOxford, 2022. http://dx.doi.org/10.1093/oso/9780192869418.003.0004.
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Abstract Tata empire is a huge conglomerate from salt to software manufacturing, Tata Sons is the holding company of the group with two—thirds of shares held by various Tata family trusts. Mr Shapoorji Pallonji is the second—largest stakeholder in the Tata Group with 18.5% share in Tata Sons making them the largest individual shareholder in the holding company of the Tata empire. When Mr Pallonjis son Cyrus Mistry took over as the CEO of the TATA conglomerate, it was expected the transfer of power would be seamless, little did one anticipate the entire process to be one of chaos, difficulty and clash of ego, vision and generally the way one works. This is a classic case of board room conflicts getting out of hand. The friction started way back in 2014 with Mistry’s solo decision—making style, ignoring the Tata Sons board. Several of Mistry’s business decisions, such as the sale of Indian hotels in overseas and the move to shut down the UK steel operations, which has been highly criticized. During Mistry’s tenure as an executive chairman, dividend income (apart from TCS) declined continuously, but staff costs doubled. Indifference to these issues led to the dissatisfaction of the board thus leading to the ousting of Mr Mistry. This is a perfect case to discuss about corporate governance and leadership transfer and role of corporate laws.
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Gosain, Sonali. "BOARD OF DIRECTORS: COMPOSITION AND PROCEDURE OF CONDUCTING BOARD MEETINGS & AGM." In Futuristic Trends in Management Volume 3 Book 14. Iterative International Publisher, Selfypage Developers Pvt Ltd, 2024. http://dx.doi.org/10.58532/v3bhma14p2ch5.
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The Board of Directors is a body of corporate individuals with power to make long-term decisions making in a company who are responsible for economic affecting the well‐being of investors' capital, communities' economic health, employees' security and executives’ power and perquisites. Board of Directors is the top- level management who is accountable for company’s success along with the growth and development of the company. They hold the supreme decision-making authority in a company and is responsible for overall growth of an organization. They are the Key Managerial persons to take hold in any complex decision making in a corporate firm. The key decision making for the growth and development of an organization is done in a board meeting and annual general meeting, and hence the process of holding such meetings is structured. All board meetings and annual general meetings are to be held of a regular basis ensure smooth organizational functioning, for this The Companies Act, 2013 contains quorum for a board meeting and the act makes it mandate for all companies registered to organize the meetings on a routine basis. The annual general meeting is held once a year and the procedure is stated in The Companies Act, 2013.
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Blumberg, Phillip I. "The Emergence of Corporate Groups." In The Multinational Challenge to Corporation Law. Oxford University PressNew York, NY, 1993. http://dx.doi.org/10.1093/oso/9780195070613.003.0003.
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Abstract Limited liability triumphed in the United States at a time when corporations lacked the power to acquire and hold shares of other corporations unless expressly granted by special statute or charter provision. Corporate groups were virtually unknown. It was not until 1889-1893, about sixty years after Massachusetts had provided the climax to American acceptance of limited liability, when states, starting with New Jersey, began enacting statutes granting such powers to corporations generally. Thereafter, corporate groups of great size speedily emerged. The holding company and the corporate group replaced trusts as the favored structure for the expanding industrial concentration characterizing this rampant period of American capitalism. This chronology had great implications for the development of American corporation law.
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Davidson, Donald. "Reply to Foster*." In Truth and Meaning Essays in Semantics. Oxford University PressOxford, 1999. http://dx.doi.org/10.1093/oso/9780198250074.003.0002.
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Abstract There is much with which I agree, and more I admire, in Mr Foster’s paper. I share his bias in favour of extensional first-order languages; I am glad to keep him company in the search for an explicitly semantical theory that recursively accounts for the meanings of sentences in terms of their structures; and I am happy he concurs in holding that a theory may be judged adequate on the basis of holistic constraints. I especially applaud Foster for what he passes over: just as Lear gains power through the absence of Cordelia, I think treatments of language prosper when they avoid uncritical evocation of the concepts of convention, linguistic rule, linguistic practice, or language games.
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Bailey, Anna L. "Regaining State Control Under Putin." In Politics under the Influence. Cornell University Press, 2018. http://dx.doi.org/10.7591/cornell/9781501724374.003.0005.
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A significant change in the Russian political economy took place from around 2000, coinciding with Vladimir Putin’s election as president. State capture gave way to increased state control in the economy, as Putin’s government moved against non-compliant oligarchs and seized control of strategically important industries. A state holding company, Rosspirtprom, was formed to recover federal control over alcohol assets. The Rosspirtprom project can be seen as part of President Putin’s re-establishment of the “power vertical” (centralised federal control) in view of the high value of alcohol revenues to regional authorities. And yet, far from providing valuable revenues to the federal coffers, Rosspirtprom has consistantly posted losses, despite its ostensibly strong starting position on the market. Where has all the money gone?
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Noam, Eli. "Italy." In Telecommunications in Europe. Oxford University PressNew York, NY, 1992. http://dx.doi.org/10.1093/oso/9780195070521.003.0021.
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Abstract No European telecommunications system has been institutionally more complex than Italy’s. Through the 1980s, it was best described as a shared monopoly of five organizations. Two of these organizations are government administrations; the other three are nominally private groups. The state directly runs the State Agency for Telephone Services (ASST), which handles long-distance and European telephony, and the Post and Telecommunications Administration (PT), which handles telegraph and telex networks. The three other groups are Societa Italiana per l’Esercizio Telefonico (SIP), for local exchanges and some longdistance service; Italcable, for intercontinental service, and Telespazio, for satellite service, all of which are part of the state-dominated Societa Finanziaria Telefonica (STET) holding company. In theory, the system separates segments of network control as the AT&T divestiture did in the United States, and it reduces monopoly power. In practice, however, the system in its aggregate is an inflexible bureaucracy, with service problems for small and large users. There are few performance rivalries, but frequent jurisdictional and political disputes.
Conference papers on the topic "Power Holding Company of Nigeria"
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Airoboman, A.-E., E. A. Ogujor, and I. KOkakwu. "Reliability analysis of power system network: A case study of transmission company of Nigeria, Benin City." In 2017 IEEE PES/IAS PowerAfrica. IEEE, 2017. http://dx.doi.org/10.1109/powerafrica.2017.7991206.
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Igbinovia, Famous O., and Jiri Krupka. "Renewable Energy Integration in Africa: A Case Study of the Adoption of New Technology by the Electricity Transmission Company of Nigeria." In 2018 International Conference on Power System Technology (POWERCON). IEEE, 2018. http://dx.doi.org/10.1109/powercon.2018.8602197.
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Brushwood, John, John Foote, Frank Morton, and Larry Wallace. "Status of the Multi-Annular Swirl Burner at the Power Systems Development Facility." In ASME Turbo Expo 2000: Power for Land, Sea, and Air. American Society of Mechanical Engineers, 2000. http://dx.doi.org/10.1115/2000-gt-0545.
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The Power Systems Development Facility (PSDF) is an engineering scale demonstration of two advanced coal-fired power systems and several high-temperature, high-pressure gas filtration systems. The PSDF was designed at sufficient scale so that advanced power systems and components could be tested in an integrated fashion to provide data for commercial scale-up. The PSDF is funded by the U.S. Department of Energy, Electric Power Research Institute, Southern Company Services, Foster Wheeler, Kellogg Brown & Root, Siemens Westinghouse Power Corporation (SWPC), Combustion Power Company and Peabody Holding Company. The PSDF is configured into two separate test trains: the Kellogg Brown & Root (KBR) transport reactor train and the Foster Wheeler Advanced Pressurized Fluidized Bed Combustor (APFBC) train. The APFBC train also includes a topping combustor and gas turbine generator to produce electrical power. The APFBC train is designed for long term testing of the filtration systems and the assessment of control and integration issues associated with the APFBC system. The Siemens Westinghouse Multi-Annular Swirl Burner (MASB) has been developed as the topping combustor for the APFBC application. In this application, the combustion air is vitiated air, a depleted oxygen (10 to 16 vol %), high temperature (1200 to 1400°F) (650 to 760°C) gas stream, which is the exhaust gas from the fluidized bed combustion of solid fuel. The topping combustor fuel is a synthetic low-Btu fuel gas at high temperature (1200 to 1400°F) (650 to 760°C) generated by gasifying coal in the APFBC. The hot MASB combusted gas is expanded through a gas turbine for power generation. Commissioning of the MASB began in January, 1998. Over 400 hours of operation have been accumulated through November 1999. Several improvements have been designed and installed during commissioning. This paper explains the design basis of the MASB, describes design changes implemented at the PSDF and reviews the operational experience of the MASB at the PSDF.
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Inuwa, Haruna Muhd, and Auwal Sani Abubakar. "Estimation and Sizing Analysis of Renewable Energy System." In SPE Nigeria Annual International Conference and Exhibition. SPE, 2023. http://dx.doi.org/10.2118/217213-ms.
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Abstract The primary research objective of this study is to estimate and size a renewable energy system, focusing on a residential building in one of the 36 states of Nigeria. A comparative analysis is employed to assess the estimation, sizing, and cost-benefit analysis of an integrated renewable energy system for the XX residential building in Kano, Nigeria, in comparison to uneconomical electricity tariffs. Kano, a rapidly developing city and commercial hub, has the largest population in northern Nigeria, with over 15 million residents. The data used in this study, including market information and item costs, were obtained from an e-commerce trading company and renewable energy experts with research and field experience. This research opens doors to identify the costs associated with installing solar energy systems in homes, thereby creating opportunities for oceanic growth. The study systematically enhances social productivity by providing uninterrupted backup power from an integrated renewable energy system. Economically, as discussed in the analysis, the costs of solar installation and maintenance are lower than the annual expenses incurred through electricity tariffs. However, it is important to note limitations within this study, such as the variability of primary and secondary data sources based on location and the projected costs of items used in the estimation and sizing analysis, which may differ across countries. Additionally, the costs of solar installation in homes are influenced by the types of loads, necessitating a comprehensive system analysis of both critical and non-critical loads to assess the economic viability and benefits of adopting an integrated renewable energy system to address the energy crisis.
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Oruwari, Humphrey Otombosoba, and Lucky Itsekor. "Strategies for Decarbonizing the Oil and Gas Industries." In SPE Nigeria Annual International Conference and Exhibition. SPE, 2023. http://dx.doi.org/10.2118/217179-ms.
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Abstract The objective of the study is to investigate the strategies for the decarbonization of the oil and gas industry. Strategies are general programmes of action with an implied commitment of emphasis and resources to achieve a basic mission. The greatest problem facing humanity is to transit from fuel-based energy system to a sustainable and decarbonized system. There is no industry with the greatest sustainability challenges than the oil and gas industry because they are known to be among the most polluting industries in the world. The research methodology involved the use of literature review and case study of some companies, data was collected and thematically analyzed. The study findings revealed that oil and gas company can decarbonize the industry by various strategies such as changing power sources, implementing improved technologies and adopting energy efficiency in their operations, flaring through improved additional gas processing and infrastructure, reducing routine flaring through improved reliability of equipment, rebalancing portfolio, the use of renewables, electrifying operations, increasing the use of carbon capture and storage. transformation of carbon dioxide into useful product for example, the use of Carbon dioxide for enhanced oil recovery. In summary it is recommended that the oil and gas industry should diversify by incorporating other forms of energy and technologies with less polluting carbon dioxide and other green gas emission to decarbonize the system. Capacity building and training of personnel is very necessary to cope with these transition strategies in order to meet the Paris climate change target.
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Ifalade, Oluwajuwon, and Opeyemi Adeleke. "Driving Profitability in Oil and Gas production Operations by Leveraging on Business Process Automation Solutions: The AI Journey." In SPE Nigeria Annual International Conference and Exhibition. SPE, 2024. http://dx.doi.org/10.2118/221760-ms.
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Abstract The Oil and Gas industry, traditionally non-digital native, is experiencing a significant uptick in the adoption of technology throughout its value chain. This paper unveils a compelling use case of the Microsoft Power series—Power BI, specifically—in revolutionizing reporting, streamlining approval processes, and optimizing for maximum economic outcomes. NNPC E & P Limited (NEPL) is the upstream operating subsidiary of the national oil company, NNPC Limited. This role presents a unique challenge of managing assets across various operational models. This raises the question of finding a way around creating a central production reporting system from which insights can be drawn for data-driven decision-making. This also opens the door to the potentially leverage on predictive analytics and artificial intelligence in revenue forecasting. The current challenge can be is summarized as lack of a standardized reporting template, long lead times in producing management reports, duplication of efforts in data entry and lack of a single source of truth. The Microsoft Power series, encompassing Power BI, Power Apps, and Power Automate, offers a versatile and integrated solution that empowers organizations to streamline processes, enhance data visualization, and automate workflows. In this paper, we delve into the areas where Power Platform has been successfully implemented to improve operational efficiency, data-driven decision-making, and collaboration across various facets of Oil and Gas production in NEPL. Data Entry and Processing: Microsoft’s collaborative workspace of SharePoint, Microsoft Teams and OneDrive played a pivotal role in setting up a data pipeline that streams data onto a central database in real-time. Data Manipulation: Data entry is partially decoupled from data manipulation as the ETL (Extract, Transform and Load) protocol is used. Data Visualization and Analytics: Power BI was used to create dynamic dashboards, enabling real-time monitoring of critical production metrics, reservoir performance, and equipment health. This was replicated across the different levels of organizational hierarchy. Conclusion & Outlook: The implementation of this solution has successfully led to the creation of a database with single-point entries, eliminated the duplication of efforts, automated the production management reports, and laid the foundation for a digitally transformed future where AI is leveraged for maximum profit. All these has been done at no cost. The outlook is to explore the predictive capabilities using the collected data and AI algorithms.
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Li, Huimin. "Africa Petroleum Fiscal Evolvement and Impacts on Foreign Investment: Illustrations from Nigeria." In SPE/AAPG Africa Energy and Technology Conference. SPE, 2016. http://dx.doi.org/10.2118/afrc-2567973-ms.
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ABSTRACT With plenty of latest discoveries witnessed from East Africa, the petroleum atlas reshaping is expected where some new faces (e.g. Mozambique, Kenya, Tanzania, etc.) may play emergent roles besides traditional oil countries in Africa. Due to general lack of infrastructure construction and capital investment, it still need some time for large-scale commercial production and the involvement of international oil companies is indispensable in the process. Dramatic price drop has tremendously stricken both governments and international oil companies (IOC) in oil-producing countries since 2014. The effectiveness in which governments and IOCs adjust to this reality will determine the extent and the pace of future development of these countries’ oil sectors. Most IOCs were struggling to cut capital expenditure and control operating cost to survive, and how to maintain and attract investment is regarded as huge challenges by many governments in the downward scenario. Apart from resource factors, petroleum fiscal terms are one of the key factors in the investment decision for IOCs. The attractiveness of fiscal contracts has a fundamental effect on profitability of petroleum projects, and thus an important indicator for evaluating investment feasibility in the country. The paper gives an overview on fiscal transformation in most Africa oil countries, some of them were trying to increase government share in oil profits to support social expenditures, and others have provided fiscal incentives to absorb further investment in the oil sector. It shows that fiscal policies in the countries where national economy relies more on oil revenues are less stable during the past decade. Some upstream projects in Nigeria are illustrated to show the impacts of different contract terms on economic benefits. Thus with new government's coming into power, most IOCs are holding back further investment and expecting negotiation with the authorities for confirmation on fiscal terms applied in their assets to avoid potential contractual risks, like PIB, Side letter, etc. The implications regarding petroleum regime are summarized based on the experience from Nigeria for emerging countries in East Africa, relatively stable fiscal policy with some incentives to encourage exploration activities would be helpful to petroleum industry. Lastly, investment suggestions are presented with priorities to promote business development in the area.
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Ijomanta, Henry, Lukman Lawal, Onyekachi Ike, Raymond Olugbade, Fanen Gbuku, and Charles Akenobo. "Digital Oil Field; The NPDC Experience." In SPE Nigeria Annual International Conference and Exhibition. SPE, 2021. http://dx.doi.org/10.2118/207169-ms.
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Abstract This paper presents an overview of the implementation of a Digital Oilfield (DOF) system for the real-time management of the Oredo field in OML 111. The Oredo field is predominantly a retrograde condensate field with a few relatively small oil reservoirs. The field operating philosophy involves the dual objective of maximizing condensate production and meeting the daily contractual gas quantities which requires wells to be controlled and routed such that the dual objectives are met. An Integrated Asset Model (IAM) (or an Integrated Production System Model) was built with the objective of providing a mathematical basis for meeting the field's objective. The IAM, combined with a Model Management and version control tool, a workflow orchestration and automation engine, A robust data-management module, an advanced visualization and collaboration environment and an analytics library and engine created the Oredo Digital Oil Field (DOF). The Digital Oilfield is a real-time digital representation of a field on a computer which replicates the behavior of the field. This virtual field gives the engineer all the information required to make quick, sound and rational field management decisions with models, workflows, and intelligently filtered data within a multi-disciplinary organization of diverse capabilities and engineering skill sets. The creation of the DOF involved 4 major steps; DATA GATHERING considered as the most critical in such engineering projects as it helps to set the limits of what the model can achieve and cut expectations. ENGINEERING MODEL REVIEW, UPDATE AND BENCHMARKING; Majorly involved engineering models review and update, real-time data historian deployment etc. SYSTEM PRECONFIGURATION AND DEPLOYMENT; Developed the DOF system architecture and the engineering workflow setup. POST DEPLOYMENT REVIEW AND UPDATE; Currently ongoing till date, this involves after action reviews, updates and resolution of challenges of the DOF, capability development by the operator and optimizing the system for improved performance. The DOF system in the Oredo field has made it possible to integrate, automate and streamline the execution of field management tasks and has significantly reduced the decision-making turnaround time. Operational and field management decisions can now be made within minutes rather than weeks or months. The gains and benefits cuts across the entire production value chain from improved operational safety to operational efficiency and cost savings, real-time production surveillance, optimized production, early problem detection, improved Safety, Organizational/Cross-discipline collaboration, data Centralization and Efficiency. The DOF system did not come without its peculiar challenges observed both at the planning, execution and post evaluation stages which includes selection of an appropriate Data Gathering & acquisition system, Parts interchangeability and device integration with existing field devices, high data latency due to bandwidth, signal strength etc., damage of sensors and transmitters on wellheads during operations such as slickline & WHM activities, short battery life, maintenance, and replacement frequency etc. The challenges impacted on the project schedule and cost but created great lessons learnt and improved the DOF learning curve for the company. The Oredo Digital Oil Field represents a future of the oil and gas industry in tandem with the industry 4.0 attributes of using digital technology to drive efficiency, reduce operating expenses and apply surveillance best practices which is required for the survival of the Oil and Gas industry. The advent of the 5G technology with its attendant influence on data transmission, latency and bandwidth has the potential to drive down the cost of automated data transmission and improve the performance of data gathering further increasing the efficiency of the DOF system. Improvements in digital integration technologies, computing power, cloud computing and sensing technologies will further strengthen the future of the DOF. There is need for synergy between the engineering team, IT, and instrumentation engineers to fully manage the system to avoid failures that may arise from interface management issues. Battery life status should always be monitored to ensure continuous streaming of real field data. New set of competencies which revolves around a marriage of traditional Petro-technical skills with data analytic skills is required to further maximize benefit from the DOF system. NPDC needs to groom and encourage staff to venture into these data analytic skill pools to develop knowledge-intelligence required to maximize benefit for the Oredo Digital Oil Field and transfer this knowledge to other NPDC Asset.
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Zhang, Xutao, Yuefen Gao, and Guohua Shi. "Application and Development of Renewable Energy: A Case Study of Solar Energy Utilization in Baoding, China." In ASME 2010 4th International Conference on Energy Sustainability. ASMEDC, 2010. http://dx.doi.org/10.1115/es2010-90471.
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As we know, more and more energy are required to meet the demands of society, and this has forced the government to review the economy and energy policies. The solar energy resource is abundant in China, which provides a good foundation with the utilization of solar energy. In China, there is a Silica Valley in Beijing, an Optics Valley in Wuhan, and also an Electricity Valley in Baoding. First, the only domestic national industry base of renewable energy and equipment is located in Baoding National New and High-tech Industry Zone. Secondly, there are great advantages on the photovoltaic industry, the wind power generation and the power transmission and transformation equipment, corresponded with the Yingli Green Energy Holding Company Limited, Zhong Hang Huiteng Wind Power Equipment Corporation Limited and Tian Wei Group Corporation Limited, respectively. Then it is a natural choice for the local government to develop the renewable energy in the readjustment of industry structures. This paper deals with the utilizations and prospects of solar energy.
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Nigmatulin, Tagir R., and Vladimir E. Mikhailov. "Requirements for Gas Turbine Inlet Systems in Russia." In ASME Turbo Expo 2009: Power for Land, Sea, and Air. ASMEDC, 2009. http://dx.doi.org/10.1115/gt2009-59446.
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Russian power generation, oil and gas businesses are rapidly growing. Installation of new industrial gas turbines is booming to fulfill the demand from economic growth. Russia is a unique country from the annual temperature variation point of view. Some regions may reach up to 100C. One of the biggest challenges for world producers of gas turbines in Russia is the ability to operate products at power plants during cold winters, when ambient temperature might be −60C for a couple of weeks in a row. The reliability and availability of the equipment during the cold season is very critical. Design of inlet systems and filter houses for the Russian market, specifically for northern regions, has a lot of specifics and engineering challenges. Joint Stock Company CKTI is the biggest Russian supplier of air intake systems for industrial gas turbines and axial-flow compressors. In 1969 this enterprise designed and installed the first inlet for the power plant Dagskaya GRES (State Regional Electric Power Plant) with the first 100MW gas-turbine which was designed and manufactured by LMZ. Since the late 1960s CKTI has designed and manufactured inlet systems for the world market and been the main supplier for the Russian market. During the last two years CKTI has designed inlet systems for a broad variety of gas turbine engines ranging from 24MW up to 110MW turbines which are used for power generation and as a mechanical drive for the oil and gas industry. CKTI inlet systems with filtering devices or houses are successfully used in different climate zones including the world’s coldest city Yakutsk and hot Nigeria. CKTI has established CTQs (Critical to quality) and requirements for industrial gas turbine inlet systems which will be installed in Russia in different climate zones for all types of energy installations. The last NPI project of the inlet system, including a nonstandard layout, was done for a small gas-turbine engine which is installed on a railway cart. This arrangement is designed to clean railway lines with the exhaust jet in a quarry during the winter. The design of the inlet system with efficient multistage compressor extraction for deicing, dust and snow resistance has an interesting solution. The detailed description of challenges, weather requirements, calculations, losses, and design methodologies to qualify the system for tough requirements, are described in the paper.
Reports on the topic "Power Holding Company of Nigeria"
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Strambo, Claudia, Daria Ivleva, and Elisa Arond. Oil and gas production narratives in Colombia and Nigeria after the Paris Agreement. Stockholm Environment Institute, 2024. https://doi.org/10.51414/sei2024.051.
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Here we present a critical assessment of oil and gas production narratives in developing countries to highlight barriers to low-carbon transitions, challenge entrenched power dynamics, and create space for more sustainable and equitable alternatives. This brief, based on our recently published paper (Strambo et al., 2025), is mainly intended for academic researchers and civil society organizations working on climate policy, energy transitions and sustainable development, particularly those focused on the challenges and opportunities of phasing out fossil fuel production in low- and lower-middle–income countries, as they are instrumental in generating evidence-based solutions, advocating for policy reforms, and holding decision-makers accountable. First we summarize the narratives used by the national governments in Colombia and Nigeria to legitimize continuous support for expanding oil and gas production between December 2015 and May 2022. In doing so, this analysis sheds light on some of the barriers that lower-middle–income and low-income countries face in transitioning away from fossil fuel production. We then reflect on how researchers and civil society organizations may challenge these narratives to open space for and draw attention to policy measures that may more fairly enable phasing out fossil fuel production. Determining what a fair phase-out entails is incredibly complex, given the challenges tied to historical responsibility for emissions, economic and fiscal dependencies, and transition capacities; some efforts have made important suggestions that could guide how a fair phase-out might look (Muttitt & Kartha, 2020; Pellegrini et al., 2024).
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Hopkins, Matt, and William Lazonick. Tesla as a Global Competitor: Strategic Control in the EV Transition. Institute for New Economic Thinking Working Paper Series, 2024. http://dx.doi.org/10.36687/inetwp225.
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In this paper, we assess the implications of Elon Musk’s strategic control over Tesla, the pioneering company that has become central to the electric-vehicle transition. We document how, as Tesla’s CEO for 16 years, Musk has exercised strategic control to direct the transformation of the company from an uncertain startup to a global leader. Now that Tesla is profitable corporate predators (aka hedge-fund activists) may challenge Musk’s strategic control—a possibility of which the CEO is well aware. To retain his control over Tesla as a publicly listed company, Musk depends on holding a sufficient proportion of Tesla’s shares outstanding to possess the voting power to fend off predatory value extractors. In addition to accumulating Tesla shares by investing $291.2 million at early stages of the company’s evolution, Musk has relied upon massive stock-option grants from the Tesla board, under the guise of “compensation”, in 2009, 2012, and 2018, to boost his shareholding and, with it, his voting power. Hence the Delaware Court of Chancery’s decision in January 2024 to rescind Musk’s 2018 stock-option package—by far the largest ever granted to a corporate executive—poses a threat to Musk’s strategic control at Tesla. As the “Technoking” of Tesla strategizes to maintain his control over the company’s decision-making, anyone concerned with the role that Tesla will play in the evolving EV transition should be asking how CEO Musk might use, or abuse, his powerful position.