The Nigerian Electricity Regulatory Commission (NERC) on Wednesday stopped a public hearing on the application for the extraordinary tariff review for the Transmission Company of Nigeria (TCN) insisting that the company must fully prepare to brief customers with details.
Chairman of the three-man hearing panel and Vice Chairman of NERC, Engr. Sanusi Garba, who declared the hearing open in Abuja and listened to presentation by TCN, said the briefing was sketchy and that the agency must fully respond to questions from consumers.
He said, “It would seem TCN was not fully prepared for today’s hearing and to provide elaborate response to the consumers. We will have to shift it to Monday 16th of March and call it a day.” Garba noted that the public hearing was at the instance of TCN, which seeks tariff review to provide ancillary services including Spinning Reserve (SR) to stabilise the national grid.
The Market Operator at TCN, Engr. Edmund Eje had explained that TCN did a competitive procurement and contracted six Generation Companies (GenCos) to provide 220 megawatts (MW) spinning reserve which could cut down rising incidences of system collapses.