Ondo State Electricity Regulatory Bureau (OSERB)on Wednesday, disclosed that it has licenced BEDC Electricity Ondo Limited (BEOL) to take over power distribution and retail in the state.
Presenting the licence to BEOL officials in his office at Alagbaka, Akure, the Coordinator of Ondo State Electricity Regulatory Bureau, Engr. Stephen Bolawole said the licensing was in line with the new constitutional requirements.
Bolawale said NERC had earlier communicated with OSERB to take full control of the electricity market in Ondo State starting from October 22, 2024.
He explained that BEOL was licensed by Ondo State Electricity Regulatory Bureau (OSERB) while the licence was presented to
the management of the BEDC led by Mr. Olumide Atilola,
Bolawole said: “With the licensing of BEOL, the people of Ondo shall henceforth communicate with OSERB and no longer BEDC PLC or NERC.”
BEDC Electricity PLC was in charge of power distribution and retail in Ondo State before the constitutional amendment that allowed state governments to take charge of their individual states on the power distribution and retail.
BEDC Electricity PLC on Wednesday registered BEDC Electricity Ondo Limited (BEOL), which will now take over from the BEDC PLC power distribution and retail services in the state.
Present at the presentation, BEDC Managing Director was represented by Regional Head, Akure, Regional Head Ondo, Regional Technical, Ondo, Regional Technical, Akure, Chairman, Nigerian Institute of Electrical Electronics Engineering, Engr Samuel Folorunso, License Electrical Contractors Association of Nigeria (LECAN) amongst others.
and then