Log In

Enugu issues 5MW power licence to firm - Daily Trust

Published 1 month ago2 minute read

To boost electricity supply in Enugu state, the State Electricity Regulatory Commission, EERC, has issued a 5MW power generation licence to Tempo Power Solutions Ltd to set up a gas-fired plant.

This brings to a total of 15MW, the worth of power generation licenses issued by EERC since the successful completion of the transfer of regulatory oversight from the Nigerian Electricity Regulatory Commission, NERC, to the agency on October 22, 2024, a feat it was the first state to achieve.

Speaking during the issuance of the license at the EERC office in Enugu, Thursday, the Chairman and Chief Executive Officer of the agency, Chijioke Okonkwo, said the milestone reflected the growing confidence that private sector players and investors reposed in the Enugu State electricity sector and in the enabling environment created for electricity business to thrive.

“Tempo Power swiftly took advantage of this opportunity offered by the conducive investment climate in Enugu State, engaged an off-taker and successfully completed the application process for the generation license.

“Their project is a model of proactive engagement and strategic partnership, and the successful deployment of this 5MW power plant is a collective win for all of us. We are confident that as the market grows, Tempo Power will continue to scale up its capacity.

“We acknowledge that this transformation was initiated by the visionary leadership of Governor Peter Mbah through the articulation of the Enugu State Electricity Policy 2023 and the enactment of the Enugu State Electricity Law also in 2023.

Executive Director of Tempo Power, Mr Collins Kalabare, commended Mbah for setting the pace in what states could do to solve Nigeria’s energy problem, and the EERC for running a professional and transparent system where investors do not need to know anybody to get things done fast.

Origin:
publisher logo
Daily Trust
Loading...
Loading...
Loading...

You may also like...