Close Menu
Chronicle NG
    Trending Stories
    Galatasaray stun Liverpool as Osimhen strike seals Champions League shock

    Osimhen scores in Galatasaray’s 3-1 victory over Göztepe

    October 26, 2025
    Arsenal edge Real Madrid as England secure fifth Champions League spot

    Arsenal extend EPL lead after 2-1 win against Crystal Palace

    October 26, 2025
    Aston Villa victory ends Man City's nine-match unbeaten run

    Aston Villa victory ends Man City’s nine-match unbeaten run

    October 26, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Osimhen scores in Galatasaray’s 3-1 victory over Göztepe
    • Arsenal extend EPL lead after 2-1 win against Crystal Palace
    • Aston Villa victory ends Man City’s nine-match unbeaten run
    • Real Madrid beat Barcelona 2-1 in thrilling El Clasico clash
    • NDLEA arrest Pretty Mike, others over Lagos drug party
    • Hisbah nabs 25 over same sex marriage in Kano
    • Dangote begins 1.4mbpd refinery expansion
    • Hisbah cancels court-ordered wedding for Kano TikTok celebrities
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Monday, October 27
    • 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
    NERC: Benin, Niger, Togo owe Nigeria $8.5m for power supply
    Electricity power line
    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

    NDLEA arrest Pretty Mike, others over Lagos drug party

    NDLEA arrest Pretty Mike, others over Lagos drug party

    Hisbah to resume clampdown on betting shops after Supreme Court ruling

    Hisbah nabs 25 over same sex marriage in Kano

    Dangote refinery, engineers fight over fresh redeployment

    Dangote begins 1.4mbpd refinery expansion

    Hisbah to resume clampdown on betting shops after Supreme Court ruling

    Hisbah cancels court-ordered wedding for Kano TikTok celebrities

    Resident doctors to begin indefinite strike Friday over unmet demands

    Resident doctors to begin indefinite strike Friday over unmet demands

    Obi says some Yahoo boys are geniuses who need redirection

    Obi says some Yahoo boys are geniuses who need redirection

    Subscribe to News

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

    Galatasaray stun Liverpool as Osimhen strike seals Champions League shock

    Osimhen scores in Galatasaray’s 3-1 victory over Göztepe

    October 26, 2025
    Arsenal edge Real Madrid as England secure fifth Champions League spot

    Arsenal extend EPL lead after 2-1 win against Crystal Palace

    October 26, 2025
    Aston Villa victory ends Man City's nine-match unbeaten run

    Aston Villa victory ends Man City’s nine-match unbeaten run

    October 26, 2025
    Real Madrid's Kylian Mbappe celebrates with teammates after scoring his side's second goal against Real Oviedo - Jon Radcliffe

    Real Madrid beat Barcelona 2-1 in thrilling El Clasico clash

    October 26, 2025
    NDLEA arrest Pretty Mike, others over Lagos drug party

    NDLEA arrest Pretty Mike, others over Lagos drug party

    October 26, 2025
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2025 ChronicleNG

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