The Nigerian Electricity Regulatory Commission has said that power distribution companies may begin to bear the cost of equipment used to repair faulty transformers and other transmission infrastructure replacements.
It said if the measure is implemented, it will ensure Discos are more prudent and careful with the management of electricity infrastructure.
This came as the Chief Executive Officer of the Association of Power Generation Companies, Joy Ogaji, said that Nigeria recorded 162 cases of grid collapse from 2013 to date.
The Chairman of NERC, Sanusi Garba, and Ogaji, spoke at a public hearing on incessant grid collapses organised by the power sector regulator on Thursday to investigate reasons for the multiple collapses of the national grid.
The NERC chairman noted that the frequent national grid collapse was not just having an impact on the quality of supply to customers but was also impacting the viability of power generation and distribution companies.
Garba said the situation could no longer continue, stressing that immediate action would be taken to stabilize the grid and make it more reliable.
