Nigerian Electricity Regulatory Commission Act Pdf

Nigerian electricity regulatory commission nerc is an independent regulatory body with authority for the regulation of the electric power industry in nigeria.

Nigerian electricity regulatory commission act pdf.

1 dated 2nd july 1998 w e f. An act to provide for the formation of companies to take over the functions assets liabilities and staff oftionalthe na electric power authority to develop competitive electricity markets to establish the nigeria electricity regulatory commission. Application means an application for a licence or for an amendment renewal or extension of the tenure of a licence under the act. Electric power sector reform act 2005.

Nigerian electricity regulatory commission nerc energy commission of nigeria ecn energizing education programme eep mini grid africa 2017. Nigerian electricity regulatory commission nerc is an independent regulatory body with authority for the regulation of the electric power industry in nigeria. The electric power sector reform act 2005 the act mandates the nigerian electricity regulatory commission to among other things regulate prices and tariffs and issue licences for electricity generation transmission distribution exports and imports and trading activities. The energy sector is an interconnected trinity oil gas and electricity.

Electric power sector reform act 2005. Nigerian electricity regulatory commission in exercise of the powers to make regulations conferred by section 96 1 of the electric power sector reform act 2005 act no 6 of 2005 the nigerian electricity regulatory commission makes the following regulations for independent electricity distribution network iedn 2012. To provide for the licensing and regulation of the. The electricity regulatory commissions act 1998 no.

14 of 1998 1 2nd july 1998 1. Nerc was formed in 2005 under the obasanjo administration s economic reform agenda through the electric power sector reform act 2005 for formation and review of electricity tariffs transparent policies regarding subsidies. Business rules means the nigerian electricity regulatory commission business rules of the commission regulations 2006 and as amended. Power sector in nigeria by offering a reader friendly non technical interpretation of the legal and regulatory provisions of the nigerian electricity sector for all categories of readers.

Act means the electric power sector reform act 2005. Published in the gazette of india extraordinary part ii sec.