The Nigerian Electricity Regulatory Commission (NERC) has issued two on-grid licenses to KVK Power Nigeria PVT Limited, and Aluminium Smelter Company of Nigeria (ALSCON) to generate 590 megawatts (mw) of electricity from solar and gas respectively.
The commission said that the KVT Power is to be located in Yabo, Sokoto State, adding that the firm has met the requirements for the granting of 50mw on-grid generation license with no objection received from the general public to its application.
The NERC statement also said that ALSCON’s application for an on-grid electricity generation license in respect of a 360mw gas-fired plant at Ikot Abasi, Akwa Ibom State and a permit in respect of a 180mw captive power generation in the same location were approved and issued. The approval to ALSCON, according to NERC, came after the review of an objection raised by the BFI Group was found not to affect the grant of the license.
Sam Amadi, chairman, NERC, while congratulating the two licensees for successfully going through the process said, “Our system is to ensure that whoever is licensed is able to carry the construction to completion. What we can tell the licensees is that we will support you in any way we can as you make progress.” He said that the commission is available to assist the licensees when the need for Power Purchase Agreement arises.
Abubakar Cika, chairman, KVT Nigeria, commended the reforms of the government in the power sector, saying that it was unfortunate that there had been a lot of negative comments about the sector. He noted that “people fail to realize that Rome was not built in one day,” adding that KVT would execute the project in collaboration with Indian partners.
Oleg Suistunov, managing director, ALSCON, said, “Now, we can support our community, we can support Akwa Ibom in providing electricity.”
These are the sixth licenses to be issued by NERC this year.

Folashade Olubayo
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