▁reporting ▁reg ulations ▁and ▁conduct ▁of ▁reg ulated ▁companies . ▁ ▁In ▁recent ▁ ▁years , ▁the ▁N ER C ▁has ▁been ▁prom oting ▁the ▁volunt ary ▁formation ▁of ▁Independent ▁Electric ▁Trans mission ▁Network s ▁( I ET N s ) ▁and ▁Independent ▁Electric ▁Distribution ▁Network s ▁( I ED N s ) ▁to ▁eliminate ▁the ▁potential ▁for ▁und ue ▁disc rim ination ▁in ▁access ▁to ▁the ▁electric ▁grid . ▁However , ▁since ▁the ▁generation ▁capacity ▁is ▁low ▁and ▁the ▁transmission ▁not ▁robust , ▁N ER C ▁has ▁developed ▁reg ulations ▁to ▁push ▁for ▁the ▁primary ▁provision ▁of ▁supply , ▁electric ▁reli ability ▁and ▁implementation ▁of ▁new ▁reg ulations ▁keeping ▁in ▁sight ▁when ▁the ▁sector ▁fully ▁develop s . ▁ ▁N ER C ▁regul ates ▁over ▁ 4 0 ▁license es ▁in ▁Niger ia . ▁It ▁is ▁also ▁responsible ▁for ▁perm itting ▁the ▁construction ▁of ▁network ▁of ▁transmission ▁lines ▁by ▁the ▁Trans mission ▁Company ▁of ▁Niger ia , ▁the ▁transmission ▁mon opol y ▁in ▁Niger ia ▁formed ▁as ▁a ▁successor ▁company ▁of ▁the ▁P H CN . ▁N ER C ▁works ▁closely ▁with ▁the ▁Niger ian ▁Ministry ▁of ▁Environment ▁and ▁other ▁related ▁bodies ▁in ▁review ing ▁the ▁safety , ▁security ▁and ▁environmental ▁impact s ▁of ▁proposed ▁power ▁plants ▁and ▁transmission ▁networks . ▁ ▁In ▁November ▁ 2 0 1 3 , ▁Niger ia ▁au ction ed ▁off ▁ 6 ▁power ▁plants , ▁one ▁belonging ▁to ▁Tony ▁El um el u , ▁chairman ▁of ▁He irs ▁Hold ings . ▁Niger ia ▁will ▁need ▁