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 given the interim board of Kaduna Electricity Distribution Company (KAEDC) one year to address the utility’s financial struggles and restore it to sustainable growth. The board must prioritize high technical and commercial losses, as well as the significant metering deficit, to achieve this goal.
NERC Chairman Musiliu Oseni emphasized that the board, led by Abdullahi Garba, must demonstrate measurable improvements within the one-year timeframe. He cited the regulator's successful intervention in 2024, which led to improved performance before the return of former investors. The interim board will also focus on effective fund management and deploying expertise to restore KAEDC's market performance.
Written by urgent.news from Punch's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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