The Nigerian Electricity Regulatory Commission has granted licenses to Golden Penny Power Limited, MTN Communications Nigeria Limited, Havenhill Synergy, and others for mini-grid electricity generation.
In the first quarter of 2024, the NERC issued nine new off-grid generation licenses with a total capacity of 109.69 megawatts and three trading licenses.
Golden Penny Power Limited received a license to construct six off-grid gas plants in Lagos, Oyo, Ogun, and Cross River states with a total capacity of 100MW.
MTN was authorized to build four captive generation plants in Lagos State with a capacity of 15.94MW.
Additionally, SweetCo Foods Limited, African Steel Mills Nigeria Limited, West African Ceramics Limited, Royal Engineered Stones Limited, and Armilo Plastics Limited were also granted licenses to generate captive power.
“Captive power generation permits are issued to entities that aim to own and maintain power plants for generating power for consumption and not for sale to a third party. The commission issued nine captive power generation permits in 2024/Q1 with a total nameplate capacity of 52.57MW.