The Federal Government says it has issued 13 new licences for the generation of off-grid and embedded power, independent electricity distribution and the trading of electricity.
The Nigerian Electricity Regulatory Commission (NERC) announced 13 new power generation, distribution and trading licences in its report.
They are Daybreak Power Solutions Limited which received eight licences for various off-grid power generation projects in Lagos, Abia, Borno, Kano, Oyo and Abuja; Ekiti Independent Power Project got a licence for the development of a gas-fired 5MW embedded power project in Ekiti State and Olokiti Power Distribution Limited that received an Independent Electricity Distribution Network licence that would be operational in Ekiti State.
Others are Ember Power Limited which got an electricity trading licence, while Island Power Limited got a licence for the development of a 10MW embedded gas-fired power project in Lagos.
In addition, Energy Company of Nigeria Limited was issued an Independent Electricity Distribution Network licence that would be operational in Lagos State.
According to NERC, the new licences were issued in the third quarter of 2023, as 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 NERC, it stated 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 issued, the commission 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.”
It explained that the commission issues licences for electricity generation, transmission, distribution, trading and system operations in the Nigeria Electricity Supply Industry.
“For activities that do not require licenses based on the provisions of sections 65-68 of the Electricity Act 2023.