- The Ariaria International Market has received a grant of 9.5 mega watts licence
- The licence was granted to Ariaria Market Independent Power Plant Limited
- The company through the Ariaria Independent Energy Distribution Network Limited will aid in the distribution of electricity within the market
The Nigerian Electricity Regulatory Commission (NERC) over the weekend granted 9.5 megawatts of electricity generation licence to Ariaria Market Independent Power Plant Limited.
Also, the Independent Electricity Distribution Licence were joined in the licence receipt to aid in the distribution of electricity within Ariaria Market to Ariaria Independent Energy Distribution Network Limited.
Vanguard reports that the granting of the licence was against a pending injunction granted by a Federal High Court sitting in Umuahia, Abia state capital city. The court had in its ruling ordered that the status quo be kept.
A statement by the NERC’s head, media unit, Vivian Mbonu, said the licence were issued in line with provisions of Section 71 (6) of the Electric Power Sector Reform, EPSR, Act .
Mbonu said: “The licences issued in line with Section 71(6) of the Electric Power Sector Reform, EPSR, Act 2005 were granted after careful consideration of the applications in public interest to promote access to common goods and to promote commercialisation and industrialisation for Ariaria.
“Both licences granted to Ariaria 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."
However, it was also gathered that that Ariaria Independent Energy Distribution Network Limited encroached and trespassed on EEDC’s distribution licensed coverage area.
The company was said to have illegally constructed distribution lines without a license nor the authorisation of EEDC.
Meanwhile, Legit.ng previously reported that the Transmission Company of Nigeria (TCN) said electricity generated into the national grid fell by 1,087.6 MW.
The commission however denied the collapse of the grid.
TCN’s general manager, Public Affairs, said the fall in electricity generated led to load shedding nationwide.
She said it was done to maintain stability of the grid. According to TCN, the sharp drop of power was occasioned by gas pipeline rupture on June 15, and technical issues at the Shell gas wells on June 16.
Nigerian electricity crisis explained - on Legit.ng TV