More Power Supply in Nigeria as MTN, Others Set to Generate Their Own Electricity
- The Nigerian Power Regulatory Commission has granted some authorisation to generate power on a mini-grid
- They include Golden Penny Power Limited, MTN Communications Nigeria Limited, Havenhill Synergy and others
- Permission was granted to MTN to build four 15.94MW captive power plants located throughout Lagos State
Legit.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.
Golden Penny Power Limited, MTN Communications Nigeria Limited, Havenhill Synergy, and other parties have received permits for mini-grid electricity generation from the Nigerian Electricity Regulatory Commission.
Source: UGC
According to the NERC, three new trade licenses and nine new off-grid generation licenses, totalling 109.69 megawatts, were issued in the first quarter of 2024.
Golden Penny Power Limited was granted permission to construct six off-grid gas plants in the states of Lagos, Oyo, Ogun, and Cross River, according to a commission report. There is a 100MW overall capacity.
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Additionally, The Punch reported that MTN was given permission to construct four 15.94MW captive power plants spread around Lagos State.
In addition to MTN, the following companies were allowed to produce captive power: Armilo Plastics Limited, West African Ceramics Limited, African Steel Mills Nigeria Limited, SweetCo Foods Limited, and Royal Engineered Stones Limited.
“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 52.57MW.
More companies to generate electricity
Other licensed companies for mini-grids are Daybreak Power Solutions, TIS Renewable Energy Limited, Auro Nigeria Private Limited, Watts Exchange Limited, Centum Dopemu Energy Services Ltd, DMD Electric Limited Lagos State.
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The commission disclosed that it issues registration certificates to a mini-grid developer for one or more systems with distribution capacity below 100kW.
“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.
During the period under review, NERC stated that it certified six Meter Service Providers, including four meter installers and two meter manufacturers.
FG finally speaks on attaining stable power
Legit.ng earlier reported that Adebayo Adelabu, the minister of power, guaranteed Nigerians a consistent and sustainable power supply throughout the nation.
He made the pledged during an inspection visit to the Niger Delta Power Holding Company's Calabar power plant in Cross River state.
According to Adelabu, the federal government is working together to ensure growth in the electricity industry in order to guarantee electrical stability throughout the country.
Proofreading by James, Ojo Adakole, journalist and copy editor at Legit.ng.
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