23 May 2018, Sweetcrude, Lagos — The Nigerian Electricity Regulatory Commission, NERC on Wednesday, has granted 22 firms a ‘No Objection’ license to participate in the meter procurement process following its approval of the Meter Asset Provider, MAP Regulation 2018.
In a statement by the Commission, it was disclosed that the successful firms were chosen after it called for applications from interested investors, after which it did “due diligence” to the applications.
Explaining further, NERC said the MAP regulations is to facilitate closure of the wide metering gap in the Nigeria Electricity Supply Industry, NESI within three years.
The ‘No Objection’ License is for qualified intending investors to participate in the meter procurement process in NESI, it said, adding that it is in line with Section 8 (4) of MAP Regulation.
“Members of the public and intending investors should please note that the publication of these applicants does not foreclose other interested applicants from the ‘No Objection’ as it is a continuous exercise”.
Companies granted ‘No Objection’ include Huawei Technology Company Nigeria Ltd; Bilview Energy Ltd; Chintech Electro Nigeria Ltd; Holley Metering Ltd; Meron Nigeria Ltd; Integrated Power Ltd; MBH Power Ltd; and Trimani Engineering Ltd.
Others are Imperial Infrastructure Development Company Ltd; Ratio Consulting Limited; Protogy Global Services Ltd; Paktim Metering Nigeria Ltd; Sabrud Consortium Nigeria Ltd; Tinuten Nigeria Ltd; Kayz Consortium Ltd; and BTS Power Ltd, Sapropel Energy Resources Ltd; Megawatt Distribution International Ltd; Unistar Hi-Tech Systems Ltd; and MOMAS Electricity Meters Manufacturing Company Ltd; CIG Metering Assets Nig. Ltd and Cresthill Energy Ltd.