In a bid to ramp up electricity generation and distribution across the country, 13 new companies have been issued new licences for the generation of off-grid and embedded power, independent electricity distribution, as well as for the trading of electricity.
The new licensees are Daybreak Power Solutions Limited which got 8 of the new licenses. Others are Olokiti Power Distribution Limited, Ember Power Limited, Energy Company OF Nigeria Limited, and Ekiti IPP Limited.
This development was announced in the recently released NERC Third Quarter 2023 Report obtained by Ripples Nigeria.
