CEO of the Association of Power Generation Companies, Joy Ogaji, has opposed threats to disconnect GenCos from the grid, warning that unstable transmission and market issues are harming their plants and increasing losses. The GenCos also demanded regulations to ensure immediate payment of their revenue. This response follows the Nigerian Electricity Regulatory Commission’s (NERC) warning…
Nigerian Electricity Regulatory Commission (NERC) has clarified that state governments lack jurisdiction over the national grid and federal electric power stations, which operate under federal laws and licences. In response to controversy over the Enugu Electricity Regulatory Commission’s decision to cut the Band A tariff, NERC has advised states to incorporate wholesale costs into…