The Egbin thermal power plant in Lagos State has added 1,100 megawatts (mw) to the nation’s grid network, prompting improved power supply across the country.
The Egbin’s current generation capacity which hit the 1,100mw mark in July has been responsible for the recent significant improvement in power supply to homes and businesses in Nigeria, Fastfacts has recently learnt.
Before the privatisation of the plant in November 2013, Egbin averaged a generation of below 500mw due to the dismal state of its six units with only two of them operational at the plant’s lowest point.
The chief executive officer of the company, Mr Dallas Peavey, told our correspondent that the transformation in Egbin commenced after its acquisition by Kepco Energy Resource Limited (KERL), in collaboration with its technical partners, KEPCO.
“Through the injection of close to N50 billion in new capital into Egbin post privatisation, the Sahara Power Group/KEPCO partnership has brought to the power plant an unprecedented level of innovation, professionalism, human capital development and continuing investment in new technology