The Nigerian Electricity Regulatory Commission has okayed an interim deal for the procurement of 450 megawatts of electricity from Zungeru Hydro Electricity Generation Company Limited. This was contained in the notice order, NERC/2024/044, signed by the Vice Chairman of NERC, Musiliu Oseni.
The commission said that the approval was important to prevent a newly completed Zungeru hydropower plant with a capacity to generate 650 megawatts from shutdown. Accordingly, the Commission said that approval is for 105 days commencing from 0.00Hrs of May 16, 2024.
To avoid the perpetual practice of limiting DisCos load offtake as a corrective mechanism for system imbalances, the commission “directs the TCN-ISO to enter into an interim energy sales agreement with ZHEGC for up to 450MW of energy and capacity to address the imbalances currently experienced between generation and offtake, thereby further strengthening grid management. The agreement shall be on a best-effort basis.
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