Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » NERC formally adopts AFUR mini-grid tariff tool for Nigeria

    NERC formally adopts AFUR mini-grid tariff tool for Nigeria

    December 19, 2024
    Share
    Facebook Twitter LinkedIn WhatsApp

    Oritsegbubemi Omatseyin

    Lagos — The Nigerian Electricity Regulatory Commission, NERC, has announced the formal adoption and release of the African Forum for Utility Regulators, AFUR, mini-grid Tariff Tool. The tool, developed in collaboration with AFUR and key stakeholders, enhances the process of determining cost-reflective tariffs for mini-grid projects to ensure fair and efficient pricing.

    The tool supports implementing the amended Mini-Grid Regulations 2023 by introducing new features such as Portfolio Applications, which allows developers to register multiple mini-grid sites under a single application. This simplifies processes, fosters efficient regulatory oversight, and benefits from economies of scale, helping to reduce end-user tariffs for mini-grid projects.

    Furthermore, the AFUR mini-grid tariff tool is expected to be rolled out across 30 African countries in the coming years, bringing regulatory consistency to the mini-grid subsector and making it easier for project developers to operate across jurisdictions.

    Mini-grid developers will now be required to use the tool to file permit applications at the Commission. The tool is now available for download on the Commission’s website https://nerc.gov.ng/resources/afur-minigrid-tarrif-tool/.

    Related News

    India’s $80 billion coal-power boom is running short of water

    NDPHC launches 7.5MVA substation in Borno to boost power supply

    Shettima inaugurates power project in Borno university

    Comments are closed.

    E-book
    Resilience Exhibition

    Latest News

    Amakpe Refinery Chairman sues financial firm, denies $1.46m debt claim

    June 10, 2025

    Recovered funds boost student loans, credit access for civil servants – EFCC

    June 10, 2025

    Nigeria commits $50m to Wholesale Impact Investment Fund

    June 10, 2025

    OPEC head says oil demand will keep growing

    June 10, 2025

    ‘Shell’s decision on Phase 2 of LNG Canada will depend on other opportunities’

    June 10, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.