The Nigerian Electricity Regulatory Commission, NERC has commenced the process of unbundling of the Transmission Company of Nigeria Plc into Transmission Service Provider, TSP and the Independent System Operator, ISO.

In its latest release titled ‘Towards Greater Independence for the Electricity System operator’, the Commission said the Electric Power Sector Reform Act provides for the licensing of the successor transmission company initially charged with responsibility for the building and maintaining the physical national transmission network (often referred to as the “wire business” OR “Transmission Service Provider – TSP”) and the system operations function.

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Source: SweetCrudeReports