The Lagos State Government has entered into a partnership with the Singapore Power Company to build an independent power plant in the state.
This was made public when representatives of the state government and the SPC visited the Nigerian Electricity Regulatory Commission, on Friday.
In his speech, the leader of the delegation, Mr. Makanjuola Alabi, said the construction of the IPP was to ensure adequate and stable power supply in Lagos State.
He added that the team was at NERC to solicit its partnership for the state government’s plan to generate adequate power for the residents.
Alabi, who is the Managing Director, Lagos State Signage and Advertisement Agency, said that his team would come back to the commission in a couple of weeks for a presentation of the state’s blueprint on power supply.
He also said that the state government would soon perfect necessary documentation and licensing arrangements to actualise her power generation, transmission and distribution objectives.
In his response, the NERC Administrator, Mallam Immamudeen Talba, commended the initiative and assured the delegates of the commission’s assistance.
Talba said that the Lagos State Government could not have chosen a better partner considering Singapore’s efforts at turning around her history of shortage of power supply to that of adequate and efficient power generation, transmission and distribution system.
He assured the state Government of the Commission’s readiness to consider her application on merit and to offer whatever assistance that could expedite action on the effort at ensuring adequate power supply in the state.
Singapore Power Company has one of the most efficient power technologies in the world and has experiences that cut across various energy sources.
NERC had in the last three years of its operation issued 28 power generation licences and one distribution licence to independent power producers.
The independent power producers are expected to generate 10, 271 mega watts of electricity when they complete their projects.