New companies to generate over 1000 megawatts - NERC
The eight newly licensed electricity generating companies, GENCOs, are expected to boost power generation with a combined capacity to generate 1,648.25 megawatts of electricity, the Nigerian Electricity Regulatory Commission, NERC, has hinted.
According to the commission, the licences is a mixture of on-grid, off-grid, embedded generation and distribution of electricity.
One of the licensees, Ossiomo Offistes and Utilities/ Ossiomo Power &Infrastructure, based in Edo state will engage in electricity distribution and in embedded generation of 55 Megawatts gas power electricity.
Meanwhile, Anambra State Independent Power Generation Company Limited, located in Onitsha, an on-grid gas-fired plant has the capacity for 528mw capacity. There is Cummins Power Generation, Nigeria Limited, NBC, Ikeja with a capacity for a 3.5mw capacity, off- grid. The company also has license for a 1.7mw to serve A&P Foods, in Agege, Lagos.
NERC license to Sinosun Investment Limited, based in Jibiya, Kastina state is for an on-grid, solar power generation of 100mw capacity. In the same vein, LR-Aaron Power Limited, located in Gwagalada has licence for 100mw solar powered electricity generation.
Also licensed is Lafarge Africa Plc for an on-grid, gas-fired 260 MW in Ewekoro, Ogun state. For Azikel Power Limited, the on–grid licence is for 500MW power plant, located in Obunagha in Bayelsa state. While Middle Band Solar One Limited from Kogi State, was granted an on-grid licence for 100mw.
One company also received a distribution license, giving a total of six gas-fired generation license issued, with a combined electricity capacity of 1, 348mw, as well as 3 solar generations for a combined capacity of 300 mw.
The licence falls into three category namely embedded generation (55MW), two off–grid generation(525 MW) and six on-grid generation (1,588 MW).