Close Menu
Chronicle.ng
    Trending Stories
    JUST IN: Dangote refinery reduces petrol price to N820 per litre

    JUST IN: Dangote refinery reduces petrol price to N820 per litre

    July 8, 2025
    How ADC collapsed under Obasanjo-led coalition before 2019 elections

    ADC mobilises 97 lawyers to defend interim party leaders in court

    July 8, 2025
    Tinubu demands equity for developing nations at 17th BRICS summit

    Tinubu’s opponents conspiring to overthrow him – Onanuga

    July 8, 2025
    Facebook X (Twitter) Instagram
    Trending
    • JUST IN: Dangote refinery reduces petrol price to N820 per litre
    • ADC mobilises 97 lawyers to defend interim party leaders in court
    • Tinubu’s opponents conspiring to overthrow him – Onanuga
    • Truck crushes students to death in Oyo
    • JAMB: Anambra, Imo top list of UTME exam malpractice centres
    • JAMB sets university admission benchmark at 150
    • ADC will collapse in six months, says presidency
    • FG denies reports of water release from Lagdo Dam
    Facebook X (Twitter) Instagram
    Chronicle.ngChronicle.ng
    Subscribe
    Tuesday, July 8
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle.ng

    NERC gives MTN, others get permits to generate electricity

    Vincent OsuwoBy Vincent OsuwoAugust 19, 2024No Comments3 Mins Read
    Facebook Twitter Telegram WhatsApp
    Anambra residents protest as electricity bills surpass minimum wage
    Facebook Twitter WhatsApp

    The Nigerian Electricity Regulatory Commission (NERC) has granted permits to Golden Penny Power Limited, MTN Communications Nigeria Limited, Havenhill Synergy, and others to generate mini-grid electricity. 

    In the first quarter of 2024, the NERC issued nine new off-grid generation licenses with a gross capacity of 109.69 megawatts, as well as three new trade licenses.

    According to the commission’s report, Golden Penny Power Limited was granted a license to build six off-grid gas plants in Lagos, Oyo, Ogun, and Cross River states.

    The total capacity is 100 megawatts. MTN was also granted permission to build four captive-generating facilities with a combined capacity of 15.94 MW across Lagos State.

    Aside from MTN, SweetCo Foods Limited, African Steel Mills Nigeria Limited, West African Ceramics Limited, Royal Engineered Stones Limited, and Armilo Plastics Limited were given permission to generate captive power.

    “Captive power generation permits are issued to entities that aim to own and maintain power plants for generating power for consumption and not for sale to a third party. The commission issued nine captive power generation permits in 2024/Q1 with a total nameplate capacity of 52.57 MW.

    According to our correspondent, other approved mini-grid firms in Lagos State include Daybreak Power Solutions, TIS Renewable Energy Limited, Auro Nigeria Private Limited, Watts Exchange Limited, Centum Dopemu Energy Services Ltd, and DMD Electric Limited.

    Section 165(1)(m) of the Electricity Act 2023 authorises the commission to grant mini-grid concession licenses to renewable energy companies to exclusively serve a specific geographical location, indicating aggregate electricity to be generated and distributed from a site, with the obligation to serve customers who request service.

    Under this, the commission stated that it has continued to promote the growth and use of renewable energy by giving permits and registration certificates for mini-grids.

    A permit is provided to a mini-grid developer for the building, operation, maintenance, and, where applicable, ownership of mini-grids with distribution capacity of more than 100 kilowatts and generation capacity of up to 1 MW.

    The NERC disclosed that it issues registration certificates to a mini-grid developer for one or more systems with distribution capacity below 100 kW.

    “Following the satisfactory evaluation of mini-grid applications, the commission issued three mini-grid permits and two registration certificates in 2024/Q1,” the NERC stated.

    A Meter Service Provider is an entity certified by the commission to manufacture, supply, sell, or install electric energy meters and/or metering systems.

    A Meter Asset Provider is a firm that has been granted a permit by the commission to provide metering services, which may include meter finance, procurement, supply, installation, maintenance, and replacement.

    Certified meter service providers include Genobet Limited (installer), Mojec Meter Asset Management (installer), Epagad International Services Limited (installer), Abdulrahman Ahmadu Zubairu (installer), Smart Meters Company Limited (manufacturer), and Crestflow Energy Limited (maker).

    The NERC also stated that it issued one regulation and 36 new orders in 2024/Q1. They include NERC–R–001–2024—EEligible Customer Regulations, 2024; NERC/2023/023—NERC/2023/033—MMulti-Year Tariff Order 2024 for the Distribution Companies; and NERC/2023/034—MMYTO 2024 for the Transmission Company of Nigeria Plc.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    JUST IN: Dangote refinery reduces petrol price to N820 per litre

    JUST IN: Dangote refinery reduces petrol price to N820 per litre

    How ADC collapsed under Obasanjo-led coalition before 2019 elections

    ADC mobilises 97 lawyers to defend interim party leaders in court

    Tinubu demands equity for developing nations at 17th BRICS summit

    Tinubu’s opponents conspiring to overthrow him – Onanuga

    Truck crashes into students, kills WASSCE candidate in Ogun

    Truck crushes students to death in Oyo

    JAMB registrar fires back at critics over resignation calls, 'truck pushers cannot direct pilots'

    JAMB: Anambra, Imo top list of UTME exam malpractice centres

    JAMB registrar fires back at critics over resignation calls, 'truck pushers cannot direct pilots'

    JAMB sets university admission benchmark at 150

    Add A Comment
    Leave A Reply Cancel Reply

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    JUST IN: Dangote refinery reduces petrol price to N820 per litre

    JUST IN: Dangote refinery reduces petrol price to N820 per litre

    July 8, 2025
    How ADC collapsed under Obasanjo-led coalition before 2019 elections

    ADC mobilises 97 lawyers to defend interim party leaders in court

    July 8, 2025
    Tinubu demands equity for developing nations at 17th BRICS summit

    Tinubu’s opponents conspiring to overthrow him – Onanuga

    July 8, 2025
    Truck crashes into students, kills WASSCE candidate in Ogun

    Truck crushes students to death in Oyo

    July 8, 2025
    JAMB registrar fires back at critics over resignation calls, 'truck pushers cannot direct pilots'

    JAMB: Anambra, Imo top list of UTME exam malpractice centres

    July 8, 2025
    Facebook X (Twitter) Instagram
    • News
    • Politics
    • Sports
    • Business
    • About Us
    © 2025 ChronicleNG

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