Energy  

NERC issues two new licences

THE Nigerian Electricity Regulatory Commission (NERC) has issued two on-grid electricity generation licences to KVK power Nigeria PVT Limited and Aluminum Smelter Company of Nigeria Plc to generate electricity from solar and gas-flared respectively

  KVT Power on-grid power is to be located in Yabo, Sokoto state having met the requirements for the grant of 50 MW on-grid generation with no objection received from the general public to their application, the licence has thereby been issued. 

  Also, Alscon application for an on-grid electricity generation in respect of a 360MW gas-fired plant at Ikot Abasi, Akwa Ibom and a permit in respect of a 180MW Captive Power Generation in the same location was approved and  issued after the review of an objection to the license issuance by BFI Group, found not to be affecting the grant of the license.

Chairman /Chief Executive of the Commission, Dr Sam Amadi commended the two licencees for successfully going through the process leading up to the licence issuance; a process he described as necessary. 

  “Our system is to ensure that whoever is licenced is able to carry the construction to completion. What we can tell the licencee is that we will support you  in any way we can  as you make progress’’ Amadi said.

He also said that the Commission would be available to assist the licencee when the need for power purchase agreement arrives.

  Chairman, KVK Nigeria, Abubakar Cika, who was elated by the licence received,   commended the transformation agenda of the President Jonathan administration in reforming the power sector. 



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