OpeOluwani Akintayo
Lagos — Electricity market regulator, NERC has said it issued ten new license and permits in the second quarter of the year.
NERC in its second-quarter report said during the second quarter, after satisfactory evaluation, issued two new Captive Power Generation, CPG permits, two new off-grid and three new embedded generation licenses with a total nameplate capacity of 293.14MW.
The Commission also approved the issuance of three new independent electricity distribution networks, IEDN licenses during the same period.
Moreover, the Commission approved the renewal of one on-grid license and seven CPGs permits with a total nameplate capacity of 706.38MW.
This brings the total nameplate capacities of licenses and permits issued and renewed during the quarter under review to 999.52MW.
Certification of fourteen Meter Service Providers, MAPs for manufacturer, importer and installer categories were also approved, while it issued permits to eighteen Meter Asset Providers, MAPs.