In a bid to ramp up electricity generation and distribution across the country, 13 new companies have been issued new licences for the generation of off-grid and embedded power, independent electricity distribution, as well as for the trading of electricity.

The new licensees are Daybreak Power Solutions Limited which got 8 of the new licenses. Others are Olokiti Power Distribution Limited, Ember Power Limited, Energy Company OF Nigeria Limited, and Ekiti IPP Limited.

This development was announced in the recently released NERC Third Quarter 2023 Report obtained by Ripples Nigeria.

Under the section titled, ‘Licences and Permits Issued or Renewed,’ NERC revealed that five new off-grid generation licences that would generate 8.81MW were issued during the review period, as well as one new licence for embedded generation of 5MW.

On other licences that were issued, the commission said, “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.”

It explained that the commission issues licences for electricity generation, transmission, distribution, trading and system operations in the Nigeria Electricity Supply Industry.

Source:
https://www.ripplesnigeria.com/13-new-p ... ty-supply/

Electricity has been very bad recently

Great one

This has no effect on Nigeria's epileptic power supply.

Story for the gods, knowing Nigeria; this won't change a thing

Nice

Nice