Electricity Supply: TCN Suspends Direct Power Sale To Industries - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (A.M)
August 6, 2021
The Transmission Company of Nigeria has suspended the evacuation of
electricity to eligible customers.
In July 2018, the immediate past Minister of Power, Babatunde Fashola,
announced the introduction of the Eligible Customer policy, explaining
that it would accelerate power supply to industries and heavy consumers.
Fashola, who is the current Minister of Works and Housing, had stated
that the policy was introduced in pursuant to powers conferred by
Section 27 of the Electric Power Sector Reform Act.
The policy allows power generation companies to sell electricity directly
to consumers without passing through the distribution companies, while
TCN is the evacuator of the power in most cases.
But in a letter dated August 3, 2021, from TCN, signed by its Market
Operator, E.A. Eje, the transmission company notified eligible
customers that it had suspended the transaction.
TCN explained that the suspension was based on the directive of the
Nigerian Electricity Regulatory Commission, NERC.