NDPHC ready to operate in Lagos electricity market – MD

The Managing Director and Chief Executive Officer of the Niger Delta Power Holding Company, Engr. Jennifer Adighije, has expressed the readiness of the company to play a major role in the Lagos State Electricity Market. Adighije stated this during a visit to the Managing Director/CEO of the Lagos State Electricity Regulatory Commission (LASERC), Temitope George, […]

The Managing Director and Chief Executive Officer of the Niger Delta Power Holding Company, Engr. Jennifer Adighije, has expressed the readiness of the company to play a major role in the Lagos State Electricity Market.

Adighije stated this during a visit to the Managing Director/CEO of the Lagos State Electricity Regulatory Commission (LASERC), Temitope George, said that with about 2,000 megawatts of stranded power assets, NDPHC is strategically positioned to improve electricity supply in Lagos State.

In a statement by NDPHC Head, Corporate Communications and Public Relations Department, Emmanuel Ojor, she noted that Lagos currently receives about 1,000MW from the national grid, leaving a huge supply gap against the state’s estimated 12,000MW electricity demand, adding that NDPHC is prepared to supply an additional 1,500MW to the state.

According to her, the company’s mandate covers power generation as well as transmission and distribution infrastructure.

“Over the years, we have led power sector reforms and helped close infrastructure gaps, and that is what makes us the right candidate to partner with LASERC to drive access to electricity in Lagos,” she said.

The NDPHC boss added: “It is widely known that NDPHC has the largest power generation assets in sub-Saharan Africa. We have an installed capacity of about 4,000MW but, regrettably, on a daily basis we are only able to dispatch about 400MW to 500MW. Clearly, we have a lot of stranded capacity.

“From the Lagos Electricity Market Report published recently, we can see there is a huge demand and supply gap for energy. This is the role we want to play, which is why we are engaging with LASERC to support the scaling and acceleration of distributed access to electricity in Lagos State.”

She stressed that the company is ready to bridge the supply gap in the short term.

Welcoming the NDPHC delegation, LASERC MD, Temitope George, reiterated the Lagos State Government’s determination to improve electricity supply across the state.

George commended NDPHC for its investments in the power sector and expressed the commission’s readiness to partner with the company to achieve its mandate.

“We are excited to have NDPHC here, one of the largest power generating companies in Nigeria. We have seen that they have already made significant investments in Lagos, and we know there are still infrastructure gaps,” she said.