Lagos switches on additional 8.8 megawatts of power October 31

Additional 8.8 megawatts of electricity is to be added to existing capacity from embedded generation in Lagos State from next month.

The 8.8 megawatts are coming from the Mainland Independent Power Plant (IPP) which is to be switched on by Governor Babatunde Fashola on October 31, as part of activities to mark the 2014 Energy Conservation month in the state.

The Mainland IPP located within the Government Reserved Area (GRA), Ikeja, will bring to four, the number of IPPs so far embarked upon by the Lagos State government in partnership with some private investors.

Among the existing IPPs in the state include the 12.15 megawatts Akute IPP which currently enables the Lagos Water Corporation to pump over 130 million gallons of water daily, the 10 megawatts Lagos Island IPP which supplies 24-hour electricity to selected public institutions and facilities on the island, and the 10.4 megawatts Alausa IPP supplying power to the state secretariat complex.

The Mainland IPP, according to Danmilola Ogunbiyi, general manager, Lagos State Electricity Board, will

Nigeria Power Generation Hits 2-Year High

Nigeria’s electricity generation is getting a steady climb reaching a two-year high of 4,044 megawatts (MW), though it is still below the peak generation level achieved two years ago.

The country’s power generation capacity currently stands at 6,000 MWs and is to the expected to grow to 40,000 MW by 2020.

Speaking on the attainment of the current feat, the special assistant to Nigeria’s Minister of Power, Mr. Frank Edozien said it was due to the combined efforts of the government and the private sector, while promising that the parties involved in the power business would sustain the tempo and improve on it.

“The government has put in place

Power generation hits 4,044mw, improves electricity supply

Electricity generation in the country has hit 4,044 megawatts (MW) on account of improved gas supply to  generation stations and the rise in the water level at the various hydro power stations typical of the rainy season.

The generation level, according to sources in the power sector, is expected to continue to improve with more gas being supplied and incentives given to gas producers to produce more.

Reacting to the improved power situation, Frank Edozien,special assistant to the minister of power on gas, said the combined efforts of the government and the private sector had led to the current achievement, promising that

N66bn market opens as telcos explore green energy for power

Nigeria and other African countries’ telecommunication companies’ drive to explore renewable power solutions to drive their off-grid telecommunications masts could potentially create a N64 billion market to be tapped by third party Energy Service Companies (ESCOs), with requisite technical competence, BusinessDay investigations have shown.

Analysts say this could serve as a stop gap, pending when the dividends of the ongoing reforms in Nigeria’s electricity sector materialise, as energy is believed to be the largest cost item in developing markets, representing as much as 40-50 percent of total operating costs.

For instance, in 2012 alone,