Cross River Secures Licence for 528MW Floating Power Plant

The National Electricity Regulatory Commission (NERC) yesterday granted the Cross River State Government a power generation licence for the construction of a 528MW floating power plant in the state.

The licence was handed over to a delegation from Cross River led by the state governor, Professor Ben Ayade, at a brief ceremony at the commission’s headquarters in Abuja.

The Vice Chairman of the commission, Mr Sanusi Garba, commended the governor for providing the enabling environment for investors to invest in the state.

“I would like to commend Ayade for providing the enabling environment for investors like MGIG to invest in power generation. Cross River is endowed with lots of natural resources which enables her to play a central role in the power sector”

Also speaking during the licence issuing ceremony, Ayade commended NERC for its capacity and professionalism processing the license.

“I thank the management of NERC for its professionalism while processing this license considering that the last document in the application was submitted last year”

Governor Ayade also used the opportunity to advocate for proper monitoring of DISCOS to ensure better service delivery.

He said adequate supply of power is central to the industrialisation policy of his administration and promised to assist NERC in carrying out its statutory functions.

In his vote of thanks, a commissioner in the commission, Mr. Dafe Akpeneye, thanked Governor Ayade for his dynamism and charged state governments to assist NERC in the areas of safety and removal of buildings under high tension cables.

According to Akpeneye, other areas his commission needs assistance include Customer enumeration, electricity theft and payment of bills. while