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NERC Threatens To Revoke DISCOs’ Licences Over Regulatory Infractions

The Nigerian Electricity Regulatory Commission (NERC) has served notices to eight electricity distribution companies (DISCOs) on its intention to revoke their  licences if they failed within 60 days to correct ‘breaches of the terms and conditions of their power purchase agreements’. Specifically, the industry regulator accused the DISCOs of breaching the terms and conditions of […]