Over 100 Companies Want To Supply Prepaid Meters
So, supply of prepaid meters has been a thorny issue in Nigeria’s electricity value chain.
While customers continue to kick at estimated billing because of lack of prepaid meter, the electricity distribution companies have either demonstrated their unwillingness to supply prepaid meters or lack the capacity to do so.
But the government has now created a mechanism that allows independent suppliers to come in to help Discos meet the metering gap.
The number of those independent suppliers (companies) seeking to become meter asset providers has increased to 101.
It all started following the introduction of the Meter Asset Provider Regulations 2018, the Nigerian Electricity Regulatory Commission in April invited interested investors to apply for ‘No Objection’ to enable them to participate in the meter procurement process to be conducted by electricity distribution companies.
The regulator, which initially gave its nod to 22 firms in May as prospective meter asset providers, said in a document on Friday that a total of 101 firms had been granted ‘No Objection’ as of October 17, 2018.
Some of the firms are Huawei Technology Company Nigeria Limited, Bilview Energy Limited, Chintech Electro Nigeria Limited, Holley Metering Limited and Meron Nigeria Limited.
Others include Integrated Power Limited, MBH Power Limited, Trimani Engineering Limited, Sapropel Energy Resources Limited, Megawatt Distribution International Limited, Unistar Hi-Tech Systems Limited, and Momas Electricity Meters Manufacturing Company Limited.
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