The Nigerian Electricity Regulatory Commission (NERC) has approved 375.63MW off-grid and captive generation plant licences from January to September of 2024.
Analysis of the quarterly report from NERC indicated that 51 companies applied to begin generation of their power through gas, solar and hydro sources.
These companies include MTN Nigeria Communication Ltd, Flour, Nigerian Breweries, West African Ceramics Limited, Golden Penny Power Limited, among others.
Daily Trust reports that this is related to the dismal supply of power that has forced more Nigerians to seek for alternative power generation.
While Nigeria’s national electricity grid is stuck at an average of 5,000MW, individuals and private organisations are said to be generating over 6,000MW of off-grid electricity to cater for their needs.
Recall that the Minister of Power, Adebayo Adelabu, recently decried the rate at which bulk electricity consumers abandon the national grid to generate their own electricity.
Adelabu emphasised that grid connection as a power source is more reliable than captive power plants currently being used by bulk electricity consumers.
