Lagos eyes LNG imports to launch private power plan
Nigeria’s most economically successful state wants to go it alone, improving gas feedstock supply in a bid to woo private power project investors
Lagos State is attempting to rewrite the rules of Nigeria’s power sector by developing an independent power project (IPP) programme, based on both pipeline gas and liquefied natural gas (LNG), that would also lead to the creation of its own mini grid within the national grid structure. The state envisages some 3 gigawatts (GW) of new gas-fired power capacity being deployed in the next three-to-five years, building on the 900 megawatts it already takes from the national grid. To achieve this, it wants to sanction the construction of 10 IPPs at strategic locations around the state, selling on the power at what will be "cost-reflective" tariffs, according to Wale Oluwo, the state's commission
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