The Nigerian Electricity Regulatory Commission (NERC) has issued permits to several companies, including Golden Penny Power Limited and MTN Communications Nigeria Limited, to generate mini-grid electricity.
In the first quarter of 2024, NERC issued nine new off-grid generation licenses with a combined capacity of 109.69 megawatts, as well as three new trading licenses.
Golden Penny Power Limited received a license to build six off-grid gas plants in Lagos, Oyo, Ogun, and Cross River states, with a total capacity of 100MW.
MTN Communications Nigeria Limited was granted a permit to build four captive generation plants in Lagos State, with a combined capacity of 15.94MW.
Other companies, including SweetCo Foods Limited, African Steel Mills Nigeria Limited, West African Ceramics Limited, Royal Engineered Stones Limited, and Armilo Plastics Limited, were also permitted to generate captive power.
These captive power generation permits allow entities to own and maintain power plants for generating power for their own consumption, rather than for sale to a third party.
In the first quarter of 2024, NERC issued nine captive power generation permits with a total nameplate capacity of 52.57MW.
