Lagos Government Invites Firms for New Power Plants, Aims to Boost Energy Supply by 2,000 MW

The state’s Ministry of Energy and Mineral Resources (MEMR) in partnership with the Office of Public-Private Partnerships (OPPP) targets at least 2,000 MW generation.

Lagos requires an estimated
~6,000 MW of electricity.

The Ikeja and Eko DisCos presently supply less than 2,000 MW at peak periods.

Key aspects of the deal include:

-The power plants will be sited close to existing DisCos substations to optimize distribution, with a minimum required output of 100MW from participating companies.

-There shall be 4 Hubs.

-Each hub is expected to generate up to 500MW to meet the growing energy needs of the state.