The Nigerian Electricity Regulatory Commission (NERC) says it is concluding the Extraordinary Tariff Review process for the 11 Electricity Distribution Companies (DisCos).
NERC, which is the regulator of Nigeria’s power sector, made this known today, April 26, in a notice to the general public and industry stakeholders posted on its website. The commission said the review was pursuant to the provisions of the Electric Power Sector Reform Act (EPSRA). According to NERC, extraordinary tariff reviews are carried out in instances where industry parameters have changed from those used in the operating tariffs to such an extent that a review is urgently required to maintain the viability of the industry. The commission said it would also commence the processes for the July 2021 Minor Review of the Multi-Year Tariff Order (MYTO-2020), which is done every six months. The commission said it was aimed at soliciting for comments from the general public and stakeholders on the proposed reviews and advised them to send their comments to NERC’s headquarters in Abuja within the next 21 days.
Got gist? SMS:08029976464 WhatsApp:08029976464 Email:inkubwa@gmail.com
No comments:
Post a Comment