Alternative Energy & Power 2021

GENERAL STRUCTURE AND OWNERSHIP OF THE POWER INDUSTRY

The Electric Power Sector Reform Act, 2005  (EPSRA or “the Act”) is the principal legislation governing the structure and ownership of entities in the Nigerian Electricity Supply Industry  (NESI). The EPSRA was passed for the purpose of unbundling the existing vertically integrated and state-owned Nigerian Electricity Power  Authority (NEPA), creating an independent regulator for the industry – the Nigerian Electricity  Regulatory Commission (NERC) – and achieving market liberalisation.

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