The Federal Government has issued 13 new licenses for the generation of off-grid and embedded power, for independent electricity distribution, as well as the trading of electricity.
The Federal Government disclosed this through the Nigerian Electricity Regulatory Commission-NERC and said the new licenses were issued in the third quarter of 2023.
The NERC, in a statement, added that the cumulative quantum of electricity to be generated by the licensees was 40.9 megawatts maintaining that Under the section titled, Licenses and Permits Issued or Renewed, in the latest third quarter 2023 report of the NERC, it was revealed that five new off-grid generation licenses that would generate 8.81 Mega Watts were issued during the review period, alongside one new license for embedded generation of 5 Mega Watts.
According to the report, the commission issues licenses
for electricity generation, transmission, distribution, trading and system operations in the Nigeria Electricity Supply Industry, NESI.