NERC abolishes controversial penalty against Discos that take excess power

Oscarline Onwuemenyi 02 September 2015, Sweetcrude, Abuja – The Nigerian Electricity Regulatory Commission, NERC, has announced the end of a controversial regulation, which penalises electricity distribution companies, Discos, for taking electricity in excess of their daily allocation from the national grid. NERC’s Chairman, Dr. Sam Amadi disclosed the commission’s decision to abolish the ‘imbalance penalty’ […] More »