NERC gives Kaduna DisCo one year to cut losses, fix metering
NERC has given Kaduna DisCo one year to overhaul operations, cut technical and commercial losses, and fix its metering gap to ensure sustainable growth. Read More: https://punchng.com/nerc-gives-kaduna-disco-one-year-to-cut-losses-fix-metering/
The Nigerian Electricity Regulatory Commission (NERC) has instructed the interim board of Kaduna Electricity Distribution Company (KAEDC) to overhaul the utility and restore it to a sustainable growth path within one year. The directive was issued due to high technical and commercial losses, a large metering gap and repeated failures to meet market obligations and prescribed performance benchmarks.
NERC Chairman Musiliu Oseni made the announcement in a statement, urging the board to begin delivering measurable improvements immediately. The new five-member board, chaired by Abdullahi Garba, is tasked with improving KAEDC's operational and financial performance and making it viable for sale. The Bureaus of Public Enterprises (BPE) also encouraged the board to take advantage of existing metering programs to address the metering deficit in KAEDC's franchise area.
Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
