Lagos targets 2,000MW power supply March 2027
The Lagos State Government has set a target to add 2,000 megawatts of electricity to its power supply by March 2027 to address growing energy demand. Read More: https://punchng.com/lagos-targets-2000mw-power-supply-march-2027/
The Lagos State Government has set a target of increasing its electricity generation capacity to 2,000 megawatts by March 2027, in response to the growing energy demand in the state and the need to improve electricity reliability. Commissioner for Energy and Mineral Resources, Biodun Ogunleye, highlighted the importance of investments in power generation, transmission, and distribution infrastructure to bridge the electricity supply gap and strengthen the energy market.
The government is engaging 22 investors in the sector and working on resolving outstanding issues surrounding Power Purchase Agreements with federal authorities. The governor, Babajide Sanwo-Olu, emphasized the government's commitment to modernizing the power sector through regulatory reforms, private-sector partnerships, and infrastructure investments, with the goal of improving electricity supply and positively affecting residents' lives.
Brief written by urgent.news from Punch's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
