NERC RELEASES LAW ON DIRECT POWER PURCHASE FROM GENCOS

NERC RELEASES LAW ON DIRECT POWER PURCHASE FROM GENCOS
November 15, 2017 Advocaat Law Practice

The Nigerian Electricity Regulatory Commission (NERC) recently released the newly-approved eligible customers law and outlined the terms that would guide the direct purchase of electricity by end-users from power generation companies.

Despite the Discos opposition to the law, NERC approved terms, and announced that the 11 electricity distribution companies had been designated as suppliers of last resort in the trading framework of the new law.