The Niger Delta Power Holding Company (NDPHC) has expressed its commitment to bridging the demand and supply gap in the Lagos State electricity market by deploying about 1,500 megawatts from its over 2,000MW stranded generation capacity. Engr Jennifer Adighije, Managing Director/CEO, NDPHC, stated this during a visit to Temitope George, Managing Director/CEO of the Lagos State Electricity Regulatory Commission (LASERC) on Friday.
The company currently has a total installed capacity of approximately 4,000MW. She noted that Lagos currently receives about 1,000MW from the national grid despite an estimated electricity demand of about 12,000MW, leaving a significant supply shortfall across the state.
George emphasised that the company was prepared to play a major role in the Lagos State Electricity Market. Adighije stated that with about 2,000 megawatts of stranded power assets, NDPHC was strategically positioned to improve electricity supply in Lagos State.
According to her, the company’s mandate covers power generation as well as transmission and distribution infrastructure. She said: “Our mandate is fundamentally to scale up power generation with the associated transmission and distribution networks, and so we are uniquely positioned in the power sector because our mandate cuts across every sphere of the sector, from the gas-to-electricity value chain through generation, transmission, and distribution.
“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.” 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.”