Abuja - The Nigerian Electricity Regulatory Commission has issued two on-grid licences to KVK Power Nigeria PVT Limited and Aluminium Smelter Company of Nigeria Plc (ALSCON) to generate electricity from solar and gas respectively, Punch reports.
According to the commission, both companies will generate a total of 590 megawatts of electricity when their plants become fully operational.
The KVT Power would be located in Yabo, Sokoto State, adding that the firm had met the requirements for the grant of 50MW on-grid generation licence with no objection received from the general public to its application.
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It noted that in the same vein, ALSCON’s application for an on-grid electricity generation licence 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.
Read more at Punch
- News 24