The Niger Delta Power Holding Company (NDPHC) says it is ready to supply an additional 1,500 megawatts (MW) of electricity to Lagos State to help address the state’s widening power deficit.
NDPHC Managing Director and Chief Executive Officer, Mrs. Jennifer Adighije, disclosed this during a courtesy visit to the Managing Director of the Lagos State Electricity Regulatory Commission (LASERC), Mrs. Temitope George.
The development was made known in a statement issued on Sunday in Lagos by Mr. Emmanuel Ojor, Head of Corporate Communications and Public Relations at NDPHC.
Adighije said the company currently has about 2,000MW of stranded generation capacity that could be deployed to significantly improve electricity supply in Lagos.
According to her, Lagos receives only about 1,000MW from the national grid despite having an estimated electricity demand of nearly 12,000MW.
She noted that the huge supply gap underscored the need for strategic partnerships and investment in the power sector.
“Our mandate is to increase power generation alongside transmission and distribution infrastructure.
“NDPHC is uniquely positioned because our operations cover the entire electricity value chain, from gas supply to generation, transmission and distribution,” she said.
Adighije explained that NDPHC owns the largest power generation assets in sub-Saharan Africa, with an installed capacity of about 4,000MW.
She, however, lamented that the company currently dispatches only between 400MW and 500MW daily due to infrastructure and market constraints.
“This clearly shows that we have significant stranded capacity that can be utilised to improve electricity supply,” she said.
Adighije added that findings from the Lagos Electricity Market Report revealed a huge energy demand gap in the state, which NDPHC was prepared to help bridge.
“This is why we are engaging LASERC to support the expansion of electricity access across Lagos State,” she said.
Describing Lagos as a commercially viable electricity market, Adighije said the company was ready to invest heavily in transmission and distribution infrastructure.
“The Lagos electricity market is attractive and investor-friendly.
“We are prepared to invest heavily in infrastructure that will guarantee reliable, affordable and quality electricity for consumers,” she said.
She also congratulated George on her appointment and expressed confidence in her leadership of the commission.
Responding, George reaffirmed the Lagos State Government’s commitment to improving electricity supply across the state.
She commended NDPHC for its contributions to the power sector and welcomed the company’s willingness to partner with Lagos State.
“We are excited to collaborate with one of Nigeria’s largest power generation companies.
“NDPHC has already invested significantly in Lagos and we recognise that more infrastructure is needed,” she said.
George recalled that LASERC had unveiled plans to ensure 24-hour electricity supply in some franchise areas within the state.
“With NDPHC’s commitment to supply more power and invest in infrastructure, we are optimistic that residents will soon experience more stable and reliable electricity supply,” she added.
