The Nigerian Electricity Regulatory Commission (NERC) has handed over the supply of Electricity to Bayelsans to the Bayelsa Electricity Commission.
This it said will enable Bayelsa State Electricity Regulatory Commission to handle the oversight function of providing Electricity to the residents of the state.
Disclosing this on its official social media handle on Monday, August 25, NERC maintained that the decision complied with the Constitution of the Federal Republic of Nigeria (CFRN) and the Electricity Act (EA) 2023 as amended.
Of course, the Commission in accordance with the provisions of the EA 2023, retains the role as a central regulator with regulatory oversight on the inter-state/international generation, transmission, supply, trading, and system operations.
The Electricity Act, mandates any state that intends to establish and regulate intrastate electricity markets to deliver a formal notification of its processes and requests NERC to transfer regulatory authority over electricity operations in the state to the state regulator.
Therefore, the NERC, has directed the Port Harcourt Electricity Distribution Company Plc (PHED) to incorporate a subsidiary (PHED SubCo) to assume responsibilities for intra-state supply and distribution of electricity in Bayelsa State from PHED.
The Commission said the PHED shall complete the incorporation of PHED SubCo within 60 days from August 21, 2025.
It noted that the sub+company shall apply for and obtain a licence for the intra-state supply and distribution of electricity from BYERA, among other directives.
It said all transfers envisaged by this order shall be completed by February 20, 2026.
Recall that the Bayelsa State Government has been making frantic efforts to make sure that state has its own power generation.
To that effect, the Prosperity Government under Governor Douye Diri has been working hard to mount a Gas Turbine along Elebele road in Yenagoa.
The Government had also promised that the state will be lighted up through the Gas Turbine by December this year ( 2025).
With the level of work going on there, the deadline will be achieved as work goes on at the site on daily basis.
No comments:
Post a Comment