Three of the licensed electricity investors are distribution companies, four are generation companies, two are mini-grid generation companies, and five are metre assets providers.
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The Act allows both federal and state governments to decentralise the electricity market and grants states the power to register electricity providers and investors to generate adequate power for their states.The commissioner said the licensing of the 14 electricity investors would ensure that they would be permitted to embark on electricity generation, distribution, and establishment of mini-grids and provision of metres for electricity consumers in the state.
Support journalism driven by facts, created by Nigerians for Nigerians. Our thorough, researched reporting relies on the support of readers like you.He disclosed that three of the licensed electricity investors are distribution companies, four are generation companies, two are mini-grid generation companies, and five are metre assets providers.
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