Sahara Power Advances Nigeria’s Energy Infrastructure with $12m Lagos IPP
• 12MW plant to enhance electricity supply across Ogba Peter Uzoho Sahara Power Enterprise Group (SPEG), one of Africa’s largest private power businesses, has commenced construction of a 12-megawatt (MW)
Sahara Power Enterprise Group (SPEG), a leading private power business in Africa, has begun building a 12-megawatt (MW) Independent Power Plant (IPP) in Lagos, Nigeria. The $12 million project is set to be completed in the first quarter of 2027 and will feature six 2MW gas-fired generating units. The plant is expected to deliver reliable, cost-effective electricity to industrial clusters, businesses, residential communities, and public institutions in the Ogba area, Acme Road, Wemco Road, and surrounding regions.
SPEG's Group Managing Director, Kola Adesina, emphasized the project's significance in supporting Nigeria's energy future, stating that it symbolizes a strong commitment to delivering dependable, efficient, and sustainable electricity to businesses and communities. Adesina highlighted that enhancing power availability and reliability would improve productivity, growth, and value creation.
The IPP will utilize modern gas-powered generating technology that complies with established environmental, operational, and safety standards. Ikeja Electric Plc, the power distribution utility for the Lagos metropolis, expressed its support for the project, recognizing it as a strategic investment. Ikeja Electric's Acting Chief Executive Officer, Ogochukwu Onyelucheya, emphasized that the facility would provide a more dependable and cost-effective electricity source, contributing to business growth and economic development in the targeted areas.
Cummins West Africa Limited, a global leader in power generation solutions, has been contracted to construct the power plant. Mark Oni-Okeke, Cummins' Managing Director for West Africa, praised the partnership with SPEG, highlighting the importance of collaborating to create sustainable energy solutions and advance socio-economic development in Nigeria.
The Ogba IPP is part of SPEG's broader strategy to deploy innovative solutions across Nigeria's electricity value chain, strengthen energy infrastructure, and help close the country's power supply gap. The project's completion will bolster electricity supply, foster business development, and generate employment opportunities in the region.
Written by urgent.news from This Day's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
