The Nigerian
Electricity Regulatory Commission (NERC) says it has granted a ‘No
Objection’ to 22 firms to procure and install meters for customers under
the 11 Distribution Companies (DisCos).
A statement by the
General Manager, Public Affairs, Usman Abba-Arabi, said the ‘No
Objection’ qualifies intending investors to participate in the meter
procurement process in the Nigerian Electricity Supply Industry (NESI).
The
MAP Regulation that enabled new investors to finance mass metering
plans for electricity users was brought into effect by NERC on April 3,
2018.
It mandates the DisCos to engage meter assets providers who
fund purchase, installation and replacement of meters to meet DisCos’
metering obligations to their customers.
“This is to ensure that
all electricity customers are metered thereby reducing incidences of
estimated electricity billing to the barest minimum,” NERC said in the
statement available on its social media platforms.
The commission
said the approval was given after it had conducted due diligence on the
supporting documents to the applications submitted by interested
investors as prescribed by the regulation.
NERC however said more applicants can do so as the exercise is continuous.
Among
the approved firms are Huawei Technology Company Nigeria Ltd, Bilview
Energy Ltd, Chintech Electro Nigeria Ltd, Holley Metering Ltd, MEMCOL,
and Meron Nigeria Ltd.
Others include Integrated Power, MBH
Power, Trimani Engineering, Sapropel Energy Resources, Megawatt
Distribution International, and Unistar Hi-Tech Systems.
Still in
the list are Imperial Infrastructure Development Company, Ratio
Consulting, Protogy Global Services, Paktim Metering, Sabrud Consortium,
Tinuten, Kayz Consortium, BTS Power, CIG Metering Assets, and Cresthill
Energy.
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