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NERC Grants Licenses for Ekiti Independent Power Project and Ekiti Power Distribution Limited.

The National Electricity Regulatory Commission (NERC) has officially approved the embedded generation license for the Ekiti Independent Power Project (IPP) Limited in Ado Ekiti, the state capital. This development was announced by Mobolaji Aluko, a professor and special advisor to the state governor on infrastructure and public utilities, during a live current affairs television program focusing on the state’s utilities.

 

The granted license marks a significant milestone in the development and commissioning of the Independent power plant in Ekiti State. With this license, the 5-megawatt independent power plant, previously initiated by the former Governor Kayode Fayemi, is expected to address the problem of unreliable power supply in the state. The project aims to provide electricity to critical locations such as the Governor’s office, Government House, State Secretariat, Ekiti State University, University Teaching Hospital (EKSUTH), and the streetlights along major roads in the metropolis.

 

In addition to public institutions, private enterprises will also have the opportunity to benefit from the project on a buyer and willing sellers’ basis, thereby contributing to the enhancement of the state’s industrial development.

He said NERC also granted an independent electricity distribution license to Olokiti power distribution Limited, also in Ado Ekiti.

Professor Aluko emphasized the Ekiti State government’s commitment to collaborating with interested individuals and corporate organizations to advance the power sector and improve the overall welfare of the people. By embracing the IPP option, the state seeks to overcome the challenges posed by the national grid’s limitations and ensure a more stable and efficient electricity supply.

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