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Privatised Electricity Distribution Companies: A Bankable Prospect? A Presentation at the Bankers ’ Committee/BPE Technical Workshop on Nigerian Power Sector Reform Eyo O. Ekpo Commissioner, Market Competition & Rates, NERC  Abuja, 25th May 2011
Table of Contents ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Background Tariff Structure Framework Investor Return Benchmark Returns 1 2 3 4 5 ,[object Object],[object Object],[object Object],[object Object],[object Object]
Value of  MYTO Key Investment Tool Cash Flow Forecast and Return ,[object Object],[object Object],[object Object],[object Object]
2010 – 2011 MYTO Major Review ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Industry Cost and Revenue Requirement
MYTO – Incentive based Regulation ,[object Object],[object Object],[object Object]
Loses Projection in MYTO
Privatisation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Conclusion Discos Regulation Tariffs Investment 1 2 3 4 Discos collect all the revenue generated within the industry  Successful privatisation and competent, nuanced regulation, especially of TCN and Discos, will bring about  the ultimate goal of a responsive, competitive and bankable market NERC realises that sensible tariffs are the single most important element in creating such a market and driving sustained investment into it NERC is determined that MYTO will incentivise investment and will secure stakeholder buy-in across the board
Eyo O. Ekpo Market Competition and Rates, NERC Mobile: (+234) (0) 803 400 5858 E-mail: eekpo@nercng.org THANK YOU Website:  www.nercng.org

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Privatised electricity distribution companies a bankable prospect by eyo ekpo

  • 1. Privatised Electricity Distribution Companies: A Bankable Prospect? A Presentation at the Bankers ’ Committee/BPE Technical Workshop on Nigerian Power Sector Reform Eyo O. Ekpo Commissioner, Market Competition & Rates, NERC Abuja, 25th May 2011
  • 2.
  • 3.
  • 4.
  • 5.
  • 6. Industry Cost and Revenue Requirement
  • 7.
  • 9.
  • 10. Conclusion Discos Regulation Tariffs Investment 1 2 3 4 Discos collect all the revenue generated within the industry Successful privatisation and competent, nuanced regulation, especially of TCN and Discos, will bring about the ultimate goal of a responsive, competitive and bankable market NERC realises that sensible tariffs are the single most important element in creating such a market and driving sustained investment into it NERC is determined that MYTO will incentivise investment and will secure stakeholder buy-in across the board
  • 11. Eyo O. Ekpo Market Competition and Rates, NERC Mobile: (+234) (0) 803 400 5858 E-mail: eekpo@nercng.org THANK YOU Website: www.nercng.org