Agip, BSC Energy, others get license to build 1,464mw

As parts of government drive to improve the country’s capacity for electricity generations, the National Electricity Regulatory Commission (NERC) issued licenses that would enable companies generate 1,464 megawatts of electricity in the first quarter of 2018.

 Amongst the companies that befitted from the licenses is Nigeria Agip Oil Company which got a license to build Okpai phase two power project which is 450 megawatts, BCS Energy Nigeria Limited in Geregu, Kogi State, 1000 MW.

Other companies are Cummins Power Generation Nigeria Limited, which got three licenses to construct power plants of different capacities in Lagos and Owerri. The company is to build a  2.5 mw generating plants for the Nigerian Bottling Company in Owerri, and 5.25MW for Golden Tullip and 1.7mw at Ilupeju, Lagos.  Crown Tower Solution another company based in Ibadan is to also build 5MW.

According to the first quarter report of NERC for 2018, the Commission issued two (2) new on-grid and four (4) off-grid licences and granted extension for one (1) licensee during the quarter under review. The nameplate capacities of those licences summed up to 1,464.5MW. On the other hand, three (3) permits were renewed for captive power generation with a total capacity of 375MW.

 In the same quarter, however, the Commission after due consideration, approved the transfer of Licences from Mobil Producing Nigeria Limited and North South Power Limited Licence to Qua Iboe Power Plant Limited and Shiroro Solar Generating Company Limited respectively. The Commission also approved the transfer of shares of 4,999,999 from Nova Solar 5 Farms to Azura Katsina Limited.

It also certified five (5) Meter Service Providers (i.e. Meter Importer and Installer) following the satisfactory evaluation of their applications.

There were two (2) off-grid applications under evaluation by the Commission for issuance of licences and permits as may be applicable.

Furthermore, during the first quarter of 2018,   the Commission claimed it continued the technical evaluation of Independent Electricity Distribution Network (IEDN) applications from the following prospective investors:  Ariara Market IEDN which is licenced to evacuate 9.5MW Power to be generated by Ariari Market Limited IPP.

The second company is Tadabo Electricity Distribution Company, a subsidiary of Kano Hydro and Energy Development Company (KHEDCO) established solely to serve as SPV for the evacuation of the generated Power from Tiga and Challawa hydro power plants. The Power will be distributed to Kano Water Board owned water treatment plants at Tamurwa and Challawa to power the heavy-duty water pumps.

Otakikpo Independent Electricity Distribution Network applied for IEDN licence to enable it distributes electricity within Otakikpo Industrial Park in Adoni Local Government area of Port Harcourt, Rivers State. The application has been reviewed and the applicant met all requirements. As such, site visit has been scheduled by the Commission for first week of May 2018

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