The Federal Government has granted licenses to 134 companies to enable them participate in the Credited Payment for Metering Implementation (CAPMI) scheme.
The scheme involves manufacturing, importation, distribution and installation of new prepaid electricity meters to various classes of consumers.
Of the 134 firms, nine are to be involved in manufacturing of meters targeted at boosting local content as well as creation of multiplier effects such as employment, training and capacity- building of stakeholders in the domestic economy.
A breakdown showed that 15 firms are to carry out direct importation of electricity meters, especially now that the nation lacks the capacity to meet increasing demand for the product locally.
While 38 of the firms are to be involved in distribution, 11 and another 61 firms are to be involved in installation of the new meters for all classes of electricity consumers.
The Nigerian Electricity Regulation Commission (NERC) that confirmed the development at the weekend gave the names of the nine manufacturers as Elsewedy Electric Nigeria Limited; FMX integrated Services Limited, Interkel power & Energy Limited, Memmcol, Modev Nigeria Limited, Mojec (Int) Limited, Techno Gas & Power Limited, Paktim Consulting Nigeria Limited and Petrolier Limited.
The commission also identified the 15 importers as Armese Consulting Limited, Briepower Renewable Energies International, Carlin concept int. ltd, Cresthill Engineering Limited, Electricity Meter Company Nig. Limited, Fmx Integrated Service Limited, Integrated Resources Limited, Liliker Brothers Nig. Limited, Metercom Nigeria, Techno Gas & Power Limited, Paktim Consulting Nig. Limited, Petrolier Limited, Rhi projects Solutions Limited, Unistar Hitech Systems Limited and Zte Nigeria Limited.
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