Abuja — A new draft regulation on third-party investments in meter infrastructure within the 11 electricity distribution networks in Nigeria by the Nigerian Electricity Regulatory Commission (NERC) stipulated that every investments to be made in the meter subsector must accommodate up to 40 per cent of local content contribution in the investment.
The regulation also said successful Meter Assets Providers (MAP) in any of the distribution networks would be given operational licenses that would last for 15 years by the regulator.
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