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Wednesday, December 4, 2024

500MW power project: Lagos seeks help from NUPRC for gas-to-power incentives 

The Lagos State Commissioner for Energy, Biodun Ogunleye, has solicited the support of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) in securing favorable pricing and an adequate supply of gas for power generation.

The appeal was made in Abuja when the Commissioner led a team from the Lagos State Ministry of Energy on a visit to the NUPRC.

According to Engr. Biodun Ogunleye, the Lagos State Government has launched an aggressive drive to provide additional power capacity to the national grid, considering the high demand for electricity for both commercial and domestic use. 

He added that securing commercial gas pricing for Lagos State would aid in boosting the nation’s production capacity.

On his part, the Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Engr. Gbenga Komolafe, who highlighted the mandate of the Commission, promised to set up a team from the Commission to work with the Lagos State Ministry of Energy and other stakeholders on the viability of the appeal.

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The Lagos State Government has called on independent power producers and energy solution companies to submit bids for the establishment of gas-fired power plants aimed at tackling the State’s persistent electricity shortfall.

This initiative, announced by the Ministry of Energy and Mineral Resources (MEMR) in partnership with the Office of Public-Private Partnerships (OPPP) on Wednesday, seeks to generate up to 500MW of electricity across four designated hubs in the state.

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