NERC establishes independent system operator - The Nation Newspaper thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.
The new system operator, NISO, will be directly in charge of the network, especially the troubled national grid and other related market contracts controlled from Osogbo.
The company is aiming to install rooftop solar systems in 10 million households, Chairman and Managing Director Vivek Kumar Dewangan announced on Tuesday adding that in this major push towards renewable energy, REC will lend up to Rs 1.2 lakh crore for the installation of these rooftop solar panels.
State-owned REC Ltd on Tuesday posted about a 13.5 per cent rise in its consolidated net profit to Rs 3,308.42 crore for the December 2023 quarter, mainly on the back of higher revenues.
Unbundling TCN 'll improve power performance, reliability – Experts - Blueprint Newspapers Limited blueprint.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from blueprint.ng Daily Mail and Mail on Sunday newspapers.