Tag NERC

NERC reveals framework to unlock renewable energy investments

The Chairman of the Nigerian Electricity Regulatory Commission, NERC, Sanusi Garba,  has announced that the Commission has established regulatory frameworks to support investors in renewable and distributed energy generation. Speaking at the Summit on Accelerating Scale-up of Renewable and Distributed…

NERC issues Imo approval to regulate electricity

In line with the Electricity Act 2023, the Nigerian Electricity Regulatory Commission, NERC, issued an order transferring regulatory oversight of the electricity market in Imo to the Imo State Electricity Regulatory Commission. This was contained in a recent order signed…

FG approves N21bn for purchase of meters – NERC

The Nigerian Electricity Regulatory Commission (NERC) has announced the approval of N21 billion for 11 electricity Distribution Companies (DisCos) to provide meters for customers. This announcement was made in NERC’s ORDER NO: NERC/2024/072 on The Operationalisation of “Tranche A” of…

NERC okays 450MW deal to avert Zungeru plant shutdown

The Nigerian Electricity Regulatory Commission has approved a deal for the procurement of 450 megawatts of electricity from Zungeru Hydro Electricity Generation Company Limited. The directive, said to have been issued further to the Commission’s Order No. NERC/2024/044 on the…