Nigeria News

NERC Grants Mobil Licence to Build 575MW On-grid Power Plant

The Nigerian Electricity Regulatory Commission (NERC) on Friday disclosed its final approval of and grant of operational licence to international oil company, Mobil Producing Nigeria Unlimited (MPN) to build and operate a 575 megawatts (MW) power plant to be located at Eket in Akwa Ibom state.
NERC in a statement in Abuja said that the planned power plant was a timely boost to Nigeria’s power sector and that with the issuance of licence to MPN Unlimited to build the 575MW power station, the country’s on-grid power generation capacity will grow in line with projected capacity upgrade to 20,000MW by 2020.
The statement was signed by its Head, Public Affairs Department, Dr. Usman Abba Arabi,  the company said  that the licence was issued by NERC after all stipulated requirements as regards license issuance were met by MPN Unlimited.

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