NERC grants 9.5mw Electricity Generation, Distribution licenses to Ariaria Market

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Nigerian Electricity Regulatory Commission (NERC) has granted a 9.5megawatts embedded electricity generation licence to Ariaria Market Independent Power Plant Limited.

The commission also granted an Independent Electricity Distribution License to distribute same within Ariaria Market to Ariaria Independent Energy Distribution Network Limited

The licenses, issued in line with Section 71(6) of the Electric Power Sector Reform (EPSR) Act 2005 were granted after careful consideration of the applications inpublic interest to promote access to common goods and to promote commercialisation and industrialisation for which Ariaria, a leading commercial hub in the country is reputed for.

Both licences granted toAraiaria were affirmation of the Commission’s commitment and response to the long-time yearnings of the market for a stable, reliable and sustainable electricity supply to improve quality of goods and services by Nigerian enterprises and entrepreneurs.