NERC targets massive meter roll out in Q3

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The Nigerian Electricity Regulatory Commission, NERC, has announced that massive rollout of electricity meters will begin by the third quarter of the year following its recent approval of the Meter Asset Provider, MAP, regulation and the release of the list of companies to provide the meters.

The commission revealed this in a statement to SweetcrudeReports.

According to one of the Commission’s officials, Regina Osuagwu, the move is to ensure that all electricity customers are “progressively metered within the next 3 years”.

She explained that enforcing compliance with the MAP regulations was in the best interest of everyone, electricity customers and operators alike.

Last month, NERC granted 22 companies a ‘No Objection’ license to participate in the meter procurement process following its approval of MAP Regulation 2018.

In a statement announcing the list of 22 companies. the commission said the successful firms were chosen after it called for applications from interested investors and carried out due diligence on the applications.

NERC said the granting of license to the companies in line with Section 8 (4) of MAP Regulation was to facilitate closure of the wide metering gap in the Nigeria Electricity Supply Industry, NESI.

The successful companies include Huawei Technology Company Nigeria Ltd, Bilview Energy Ltd, Chintech Electro Nigeria Ltd, Holley Metering Ltd, Meron Nigeria Ltd, Integrated Power Ltd, MBH Power Ltd and Trimani Engineering Ltd.

Others are Imperial Infrastructure Development Company Ltd, Ratio Consulting Limited, Protogy Global Services Ltd, Paktim Metering Nigeria Ltd, Sabrud Consortium Nigeria Ltd, Tinuten Nigeria Ltd, Kayz Consortium Ltd as well as BTS Power Ltd, Sapropel Energy Resources Ltd, Megawatt Distribution International Ltd, Unistar Hi-Tech Systems Ltd, MOMAS Electricity Meters Manufacturing Company Ltd, CIG Metering Assets Nig. Ltd and Cresthill Energy Ltd.

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Godwin Okafor is a financial journalist, Internet Social Entrepreneur and he Founder Naija247news Media in 2010 He has over 16 experiences in journalism, which cuts across traditional and digital media. He started his journalism career in Business Day, He founded Naija247news Media in 2010. With a Bsc. degree on Industrial Relations & Personnel Management, Lagos State University, Ojo Lagos State Nigeria. He is an alumni of Lagos Business School,(Creative Design & Digital Communications and Also a Fellow at Wharton Seminar for Business Journalists, University of Pennsylvania, Philadelphia, United States He has won series of awards and he is the chairman of Emmerich Resources Limited, the publisher of Naija247news Media

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