FG unbundles TCN, hands national grid to new company

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The new system operator, NISO, will be directly in charge of the network, especially the troubled national grid and other related market contracts controlled from Osogbo.

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A fresh order by the Nigerian Electricity Regulatory Commission will, in the next 30 days, create the Nigerian Independent System Operator of Nigeria Limited , leading to a split of the Transmission Commission of Nigeria . By implication, NERC has withdrawn one of the two operating licenses held by TCN, which allows it to function as a Transmission Service Provider and an Independent System Operator.

Whether you turn to Premium Times for daily updates, in-depth investigations into pressing national issues, or entertaining trending stories, we value your readership. NISO would be expected to carry out all market and system operation-related contractual rights and obligations novated to it by the TCN while negotiating and entering into contract for the procurement of ancillary services with independent power producers and successor generation licensees, among other activities.

 

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