Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    Budget: Tinubu lays ₦58.18trn before National Assembly for 2026

    December 20, 2025

    Dangote Refinery’s PMS, offering at affordable price ~ IPMAN

    December 20, 2025

    President Tinubu leaves Abuja on three-state visit, plans Lagos end-of-year holidays

    December 20, 2025
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      Isote Ward 12 Endorses Gbenga Daniel’s Membership, Refers Him As APC’s “Prized Jewel”

      December 16, 2025

      INEC disregards Accord Party’s faction primary result in Osun

      December 15, 2025

      Osun guber primary: Accord Party clears Adeleke as sole aspirant 

      December 10, 2025

      Finally, Fubara defects from PDP to APC

      December 9, 2025

      El-Rufai picks ADC membership card officially 

      November 28, 2025
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment December 19, 2025

      Detty December: Wizkid, Davido, Olamide Light Up Lagos With Performances

      Recent

      Detty December: Wizkid, Davido, Olamide Light Up Lagos With Performances

      December 19, 2025

      Christiano Ronaldo Becomes ‘Fast & Furious’ Cast For Hollywood Debut

      December 19, 2025

      Ogbori Elemoso matter: Firm denies Nollywood veteran Paimo’s copyright claim

      December 18, 2025
    • Business

      Dangote Refinery’s PMS, offering at affordable price ~ IPMAN

      December 20, 2025

      Lagos, FirstBank, Guinness lead 9th AFRIMA sponsors

      December 19, 2025

      Nigerians are not having it: PayPal’s quiet comeback bid meets fierce resistance

      December 19, 2025

      Fidelity Bank Enhances Maternal and Child Healthcare Delivery At ESUTH

      December 19, 2025

      UBA Partners CIG Motors, Lagride, Launches $100 Million “Drive to Own” Vehicle Financing Scheme

      December 19, 2025
    • Health

      Fidelity Bank Enhances Maternal and Child Healthcare Delivery At ESUTH

      December 19, 2025

      Polaris Bank Champions Girls’ Hygiene Awareness With Female Hygiene Essentials Distribution In Kuramo & Victoria Island Junior And Senior Secondary Schools

      December 17, 2025

      UNIOSUN teaching hospital: Adeleke, Osinbajo, Aregbesola commission N34bn edifice

      December 16, 2025

      LAGOS PRESENTS NEW DIASPORA HEALTH INSURANCE PLANS

      December 9, 2025

      Mental Health and Sustainability: The Untapped Pillar of ESG.

      December 8, 2025
    • Culture

      Ofala Festival 2025: Globacom Celebrates Heritage, Unity, And Prosperity

      October 11, 2025

      Ancient crown of  Apetu of Ipetumodu, monarch jailed in US, disappears

      September 6, 2025

      Africa’s Heritage of Leadership: The Itsekiri Kingdom and the Legacy of Monarchy

      August 29, 2025

      Olu of Warri Proclaims Reactivation of Iwere Trust Fund With N750m, Oborewvori congratulates

      August 22, 2025

      Ladoja, 44th Olubadan, to be installed on September 26

      August 21, 2025
    • Lifestyle

      Mental Health and Sustainability: The Untapped Pillar of ESG.

      December 8, 2025

      We Commemorate 20 Years Since Pastor Bimbo Odukoya’s Passing ~ Fountain of Life Church

      December 5, 2025

      Giving life to the silenced ones can be achieved through Activism Against Gender-Based Violence  – Adeyinka Adeyefa

      December 1, 2025

      Davido marks 33rd birthday in US, feels for Nigeria’s challenges

      November 23, 2025

      THE CORNERSTONE GIRL MENTORSHIP PROGRAM — CSG 2026

      November 22, 2025
    • Sports

      DR Congo Criticizes Nigeria’s Eligibility Petition as ‘Backdoor’ World Cup Bid 

      December 19, 2025

      Ahmed Musa declares ‘enough is enough’ for international scenes

      December 19, 2025

      Nigerian coach gets contract extension from Madrid

      December 17, 2025

      FIFA: Best 11 award for female category

      December 17, 2025

      The Best FIFA Men’s 11 for 2025

      December 17, 2025
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home » MTN gets permits to generate electricity, Others
    News

    MTN gets permits to generate electricity, Others

    Ifetayo AdeniyiBy Ifetayo AdeniyiAugust 19, 20244 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

    MTN gets permits to generate electricity, Others

    The Nigerian Electricity Regulatory Commission has issued permits to Golden Penny Power Limited, MTN Communications Nigeria Limited, Havenhill Synergy, and others for mini-grid electricity generation.

    The NERC said it issued nine new off-grid generation licences in the first quarter of 2024 with a gross capacity of 109.69 megawatts and three new trading licences.

    According to a report by the commission, Golden Penny Power Limited got a licence to build six off-grid gas plants in Lagos, Oyo, Ogun, and Cross River states. The total capacity is 100MW.

    Also, MTN was granted a permit to build four captive generation plants across Lagos State with 15.94MW capacity.

    Aside from MTN, SweetCo Foods Limited, African Steel Mills Nigeria Limited, West African Ceramics Limited, Royal Engineered Stones Limited, and Armilo Plastics Limited were permitted to generate captive power.

    “Captive power generation permits are issued to entities that aim to own and maintain power plants for generating power for consumption and not for sale to a third party. The commission issued nine captive power generation permits in 2024/Q1 with a total nameplate capacity of 52.57MW.

    Our correspondent gathered that other licensed companies for mini-grids are Daybreak Power Solutions, TIS Renewable Energy Limited, Auro Nigeria Private Limited, Watts Exchange Limited, Centum Dopemu Energy Services Ltd, DMD Electric Limited Lagos State.

    Section 165(1)(m) of the Electricity Act 2023 permits the commission to award licence of mini-grid concessions to renewable energy companies to exclusively serve a specific geographical location indicating aggregate electricity to be generated and distributed from a site with the obligation to serve customers to request service.

    Under this, the commission said it has continued to encourage the development and utilisation of renewable energy by issuing permits and registration certificates for mini-grid development.

    A permit is issued to a mini-grid developer for the construction, operation, maintenance, and where applicable ownership of mini-grids with distribution capacity above 100 kilowatts and generation capacity up to 1MW.

    The commission disclosed that it issues registration certificates to a mini-grid developer for one or more systems with distribution capacity below 100kW.

    “Following the satisfactory evaluation of mini-grid applications, the commission issued three mini-grid permits and two registration certificates in 2024/Q1,” the NERC stated.

    During the period under review, NERC stated that it certified six Meter Service Providers, including four meter installers and two meter manufacturers.

    A Meter Service Provider is an entity certified by the commission as a manufacturer, supplier, vendor, or installer of electric energy meters and/or metering systems.

    A Meter Asset Provider is an entity that is granted a permit by the commission to provide metering services with roles that may include meter financing, procurement, supply, installation, maintenance, and replacement.

    The certified meter service providers are Genobet Limited (installer), Mojec Meter Asset Management (installer), Epagad International Services Limited (installer), Abdulrahman Ahmadu Zubairu (installer), Smart Meters Company Limited (manufacturer), and Crestflow Energy Limited (manufacturer).

    The commission also said it issued one regulation and 36 new Orders in 2024/Q1. They include NERC–R–001–2024 — Eligible Customer Regulations, 2024; NERC/2023/023—NERC/2023/033 — Multi-Year Tariff Order 2024 for the Distribution Companies; and NERC/2023/034 — MYTO 2024 for the Transmission Company of Nigeria Plc.

    Other are NERC/2023/035 — Order on Performance Improvement Plan of the Transmission Company of Nigeria; NERC/2024/001 — Order on the Regulatory Intervention in Kaduna Electricity Distribution Plc; NERC/2024/004 – NERC/2024/014 — Order on Noncompliance with Capping of Estimated Bill by DisCos for the period January – September 2023; and NERC/2024/016 – NERC/2024/036 — February 2024 Supplementary Order to the Multi-Year Tariff Order for the Discos.

    During the quarter, the commission issued 36 orders to guide the activities of licensees.

    Source: prestige

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticleNNPC to use the 2023 final dividends to cover the cost of petrol subsidies 
    Next Article Divine intervention is the answer to Nigerians request – MFM’s Olukoya 
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

    Related Posts

    News December 20, 2025

    Budget: Tinubu lays ₦58.18trn before National Assembly for 2026

    Business December 20, 2025

    Dangote Refinery’s PMS, offering at affordable price ~ IPMAN

    News December 20, 2025

    President Tinubu leaves Abuja on three-state visit, plans Lagos end-of-year holidays

    News December 20, 2025

    Lagos 2025 Christmas Carol of Nine Lessons showcases spiritual strength at Ikeja

    Events December 19, 2025

    Lagos, FirstBank, Guinness lead 9th AFRIMA sponsors

    News December 19, 2025

    PINL Closes 2025 With Niger Delta’s Largest Christmas CSR Programme

    Leave A Reply Cancel Reply

    Don't Miss
    News December 20, 2025

    Budget: Tinubu lays ₦58.18trn before National Assembly for 2026

    Budget: Tinubu lays ₦58.18trn before National Assembly for 2026 President Bola Ahmed Tinubu has laid…

    Dangote Refinery’s PMS, offering at affordable price ~ IPMAN

    December 20, 2025

    President Tinubu leaves Abuja on three-state visit, plans Lagos end-of-year holidays

    December 20, 2025

    Lagos 2025 Christmas Carol of Nine Lessons showcases spiritual strength at Ikeja

    December 20, 2025

    Subscribe to Updates

    Get the latest news as they happen

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Our Picks

    Climate Clock World appoints SDG Advocate Chuks Anyaduba as Director for Projects & Partnerships, Climate Clock Nigeria

    December 2, 2021

    International CEOs Economic Summit To Host Business Lunch for Industry Leaders In Istanbul, Turkey 2022

    December 26, 2021

    Late Capt. Hosa Immortalize As Keffi Polo Tournament Dedicates Trophy

    November 16, 2021
    New Comments
    • Anozie okolo on Supreme Court Affirms President Tinubu’s Victory As Atiku, Peter Obi Lose
    • Mc richman on Nigeria and South African Music histories
    • Moses Ibrahim on Olu of Warri: Pictorial @ The Ogiame Atuwatse III Economic Summit.
    • Sen Rich Kay on MALARIA ERADICATION: Prince Ned Nwoko & NMEP Meet for joint action.
    Megastar Magazine
    YouTube Facebook WhatsApp Instagram
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © 2025 Megastar Magazine. Designed by MANNDI

    Type above and press Enter to search. Press Esc to cancel.