The Nigerian Electricity Regulatory Commission (NERC) has issued new power licenses to 15 companies.
During the second quarter of 2023, NERC issued new licenses to many entities. The Commission recently assessed distribution companies’ performance in Nigeria.
The Commission said in its Q3/2023 Electricity on Demand report that it issued two trading licenses to Electric Utility Nigeria Limited and Onction Services Limited.
NERC also granted licenses to six companies to operate captive power plants.
Captive power plants are owned and operated by an entity for exclusive use rather than commercial purposes.
NERC stated in the second quarter report of 2023 that it granted permits for three power-generating plants, which boast a combined capacity of 20.06 megawatts.
The companies are Junaid Synergy Limited, Okomu Oil Palm Limited and Tower Alloys Industries Limited.
NERC gives a permit to a mini-grid developer when they want to build, operate, maintain, and, in some cases, own mini-grids with a distribution capacity surpassing 100 kilowatts and a generation capacity of up to one megawatt.
Also, the Commission issues a certificate to a mini-grid developer for more systems with a distribution capacity below 100kW.
The Commission granted 10 companies with new mini-grid licenses.
They are: Powergen Nigeria Assets Limited, Darway Coast Nigeria Limited, Bagaja Renewable Limited, Kumbosto Solmenz Engineering Venture Nigeria Limited, A4&T Projects Limited in Fagbo, GVE Projects Limited in Bakin Ciyawa, GVE Projects Limited in Kwande and Everlink Telesat Network Limited.