| Acronym | Description |
|---|---|
| ATC&C | Aggregate Technical, Commercial, and Collection |
| BPE | Bureau of Public Enterprises |
| BPP | Bureau of Public Procurement |
| CAC | Corporate Affairs Commission |
| CAMA | Companies and Allied Matters Act, Cap C20, Laws of the Federation of Nigeria, 2004 |
| CBN | Central Bank of Nigeria |
| COD | Commercial Operations Date |
| DisCo | Distribution Company |
| DMO | Debt Management Office |
| EC | Eligible Customers |
| EPC | Engineering, Procurement & Construction |
| EPSRA | Electric Power Sector Reform Act 2005 |
| ERERA | ECOWAS Regional Electricity Regulatory Authority |
| FGN | Federal Government of Nigeria |
| GACN | Gas Aggregation Company of Nigeria |
| GenCo | Generation Company |
| GHG | Green House Gas |
| GSA | Gas Supply Agreement |
| GTA | Gas Transportation Agreement |
| HPP | Hydro Power Plant |
| IPP | Independent Power Producer |
| IRP | Integrated Resource Plan |
| KPI | Key Performance Indicator |
| MAP | Meter Asset Provider |
| MDA | Ministries, Departments & Agencies of FGN |
| MO | Market Operator |
| MRO | Minimum Remittance Order |
| MYTO | Multi Year Tariff Order |
| NARUC | National Association of Regulatory Utility Commissioners |
| NBET | Nigerian Bulk Electricity Trading Plc |
| NDPHC | Niger Delta Power Holding Company |
| NELMCO | Nigeria Electricity Liability Management Company |
| NEPA | National Electric Power Authority |
| NEPP | National Electric Power Policy 2001 |
| NERC | Nigerian Electricity Regulatory Commission |
| NESIC | Nigerian Electricity Supply Industry |
| NGC | Nigerian Gas Company |
| NIPP | National Integrated Power Project |
| NNPC | Nigerian National Petroleum Corporation |
| NSIA | Nigeria Sovereign Investment Authority |
| OVP | Office of the Vice President |
| PACP | Presidential Action Committee on Power |
| PAF | Payment Assurance Facility |
| PCOA | Put Call Option Agreement |
| PHCN | Power Holding Company of Nigeria |
| PIP | Performance Improvement Plan |
| PLC | Public Limited Company |
| PMMI | Presidential Mass Metering Initiative |
| PPA | Power Purchase Agreement |
| PSRP | Power Sector Recovery Programme |
| PSRO | Power Sector Recovery Operation |
| PTFP | Presidential Task Force on Power |
| SO | System Operator |
| TCN | Transmission Company of Nigeria |
| TEM | Transitional Electricity Market |
| WAPP | West African Power Pool |
NBET is constantly seeking professionals to join its talented team who are driven by excellence to deliver positive solutions to the Nigerian Power sector.
+234-704-666-2555
info@nbet.com.ng