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Seven Firms Jostle for NERC’s Power Supply Bids

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Wednesday, 13 March 2019

Seven firms have joined the race to secure the nod of the Nigerian Electricity Regulatory Commission (NERC) for the supply of captive power in Nigeria. One of the seven applications, New Telegraph gathered, was submitted by Nnewi Independent Electricity Distribution Nigeria Limited (NIEDNL). The NERC, which recently issued six new licences, renewed three and extended one licence for investors planning to increase Nigeria’s electricity generation by about 1,839.5 megawatts, expressed readiness to issue more licenses “provided the applications meet up with the statutory requirements.”

The licences were issued in the first quarter of 2018 as NERC noted that when the power plants became operational, their capacities would increase the quantum of electricity generated and distributed across the country. NERC, in its most recent quarterly report sighted by this newspaper, said; “Six new, three renewal and one extended licence application with a total nameplate capacity of 1,839.5MW were approved in the first quarter of 2018.”

It explained that some of the licences were for captive power, on-grid and off-grid generation of electricity. The commission said, “After satisfactory evaluation, the commission issued two new on-grid and four off-grid licences. During the quarter, an extension of five years was also granted to one other generation licence. “The total nameplate capacity of the licences summed up to 1,464.5MW. Similarly, three permits for a total capacity of 375MW were renewed for captive power generation.”

About IWIN

The Independent Energy Watch Initiative (I-WIN), an enterprise of Energy ConServ and the Roundtable for the Growth and Development of Power (RODEP), is an online/web based power sector portal that strives to engage stakeholders and the Nigerian public on topical issues in the power sector.

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