Nigerian Electricity Regulatory Commission (NERC) issued some licenses and permits to several entities during the second quarter of 2023.
The Q2/2023 Electricity on ‘Demand report’ by the Commission, stated that NERC issued two electricity trading licenses to Electric Utility Nigeria Limited and Onction Services Limited, according to Nairametrics.
During the period, the Commission granted permits for three captive power generation plants, boasting a combined nameplate capacity of 20.06 megawatts: Tower Alloys Industries Limited Ota Industrial Estate, the Junaid Synergy and Okomu Oil Palm Limited.
On the other hand, a registration certificate was issued to a mini-grid developer for one or more systems with a distribution capacity below 100 kW. NERC issued mini-grid permits to ten companies including Powergen Nigeria Assets Limited, Darway Coast Nigeria Limited, Bagaja Renewable Limited, Bagaja Renewable Limited, Solmenz Engineering Venture Nigeria Limited and A4&T Projects Limited.
Others are GVE Projects Limited Bakin Ciyawa, GVE Projects Limited Kwande, Everlink Telesat Network Limited Akugbene and Everlink Telesat Network Limited Ogbidubudu.
The licensing rules under the 2023 Electricity Act are expected to provide a background for the promotion of embedded power generation, hybridized generation, co-generation and the generation of electricity from renewable sources such as solar energy, wind, small hydropower, biomass and other renewable sources.