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Bayelsa grants 20 years electricity distribution licence to BYEDC

Bayelsa grants 20 years electricity distribution licence to BYEDC

By GhanaSummary NewsroomNigeria

By Emem Idio, Yenagoa The Bayelsa State Electricity Regulatory Agency (BYERA) has issued a 20-year electricity distribution licence to the Bayelsa Electricity Distribution Company Limited (BYEDC), marking a major step in the state’s effort to establish a locally regulated electricity market.

The issuance of the licence followed months of regulatory and institutional work by BYERA to develop the rules, standards and licensing procedures for electricity distribution in the state.“The issuance of Bayelsa State’s first Electricity Distribution Licence therefore represents more than a regulatory milestone.

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