The Nigerian Electricity Regulatory Commission (NERC) has granted approval to eight more companies to participate in the procurement process for meters.
This is contained in a statement issued by NERC’s Head of Media Unit, Vivian Mbonu, in Abuja on Thursday.
Mbonu said that the NERC gave ‘No Objection’ consent to the successful eight applicants in the procurement process by the Nigeria Electricity Supply Industry (NESI).
She said the eight new addition brought to 30, the number of companies approved by the Commission to participate in meter procurement and bid process with the electricity distribution companies of their choice.
The NERC spokesperson said that the successful bidders from the procurement process would obtain Meter Asset Provider (MAP) Permit from the commission.
She, however, said the permit would be granted to the successful bidder after entering a metering service agreement with electricity distribution companies.
Mbonu listed services to be provided by meter asset providers to include, among others, financing, procurement, installation, repair and replacement of electricity meters according to the MAP Regulations 2018.
The eight newly-approved companies include: Carlin Concept International Nigeria Ltd., Onenation Energy Platform Nigeria Ltd., Armese Consulting Ltd. and CWG Plc.
Others are Damtaq Ltd., Powerup Projects International Limited; Esinos Resources International Limited and Techadvance Limited.
She said intending applicants for meter procurement approvals still have the opportunity to do so because the exercise has not ended.