Connect with us

Hi, what are you looking for?

Featured

FG Grants 13 New Licences to Independent Electricity Distributors

The Federal Government has issued 13 new licences for the generation of off-grid and embedded power, independent electricity distribution, as well as the trading of electricity.

The FG disclosed this through the Nigerian Electricity Regulatory Commission (NERC) and said the new licences were issued in the third quarter of 2023.

The NERC, in a statement, added that the cumulative quantum of electricity to be generated by the licensees was 40.9 megawatts.

Under the section titled, ‘Licences and Permits Issued or Renewed,’ in the latest third quarter 2023 report of the NERC, it was revealed that five new off-grid generation licences that would generate 8.81MW were issued during the review period, alongside one new licence for embedded generation of 5MW.

Also according to the report, the commission issues licences for electricity generation, transmission, distribution, trading and system operations in the Nigeria Electricity Supply Industry (NESI).

“For activities that do not require licenses based on the provisions of sections 65-68 of the Electricity Act 2023, but still require authorisation from the commission, such as off-grid captive power generation and mini-grid development, the commission issues permits to the operators following a review of the relevant applications,” the NERC stated.

“One new licence for Independent Electricity Distribution Network, one new licence for trading, three off-grid generation licences, one embedded generation, and one IEDN licence,” the commission said on other licences that were issued.

Source: The Guardian

You May Also Like

Featured

The Nigerian National Petroleum Company Limited’s board and management team have been appointed by President Bola Tinubu, as announced by Ajuri Ngelale, the Special...

Featured

Fifteen suspects involved in the illicit training of teenagers in the manufacturing of weapons have been apprehended by the Benue State Police Command. The...

Featured

Saudi Arabia has revoked the visas of all 264 passengers who arrived in Jeddah from Kano on Monday via Air Peace, a major Nigerian...

Technology

A group, Citizens’ Gavel, has launched an Artificial Intelligence (AI) platform called Podus AI to assist indigent Nigerians to get access to justice as...