After the power sector was privatised in 2013 and the successor generation and distribution companies handed over to private investors, the TCN was left under the ownership and management of the Federal Government.
It said the transmission company was initially charged with the responsibility for building and maintaining the physical national transmission network and the system operations function. It further noted that based on the recent tariff orders issued by the commission and performance standards contained therein, it was therefore imperative to consider granting greater independence for the systems operator.
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