The Nigerian Electricity Regulatory Commission (NERC) in pursuit of overriding public interest has granted a 9.5megawatts embedded electricity generation licence to Ariaria Market Independent Power Plant Limited and an Independent Electricity Distribution Licence to distribute same within Ariaria Market to Ariaria Independent Energy Distribution Network Limited.
The Head, Media Unit, Mrs. Vivian Mbonu made this disclosure in a statement on Thursday. The licenses, 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 commercialization and industrialization for which Ariaria, a leading commercial hub in the country is reputed for.
Both licenses 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.
Source: The Nation