info.afrindex.com
China-Africa Trade Information Service
Photo from Internet
The Federal Government sets up a power project in Lagos with a capacity of 1.5 megawatts.
The Sura Shopping Complex IPP, which was built by a private sector developer, Solad Power Holdings, was executed under the Federal Government’s Energising Economies Initiative being implemented by the Rural Electrification Agency.
The initiative aims to support the rapid deployment of off-grid electricity solutions to micro, small and medium enterprises within economic clusters (such as markets, shopping complexes and agricultural/industrial clusters) through private sector developers.
The 1.5MW IPP, which would be inaugurated on Friday, takes excess capacity power from Lagos Island Independent Power Plant and supplies electricity to Sura Shopping Complex, according to REA.
It said the EEI had already launched three pilot projects to electrify 50,000 shops in Sabon Gari Market (Kano State), Ariaria Market (Abia State) and Sura Shopping Complex (Lagos State).
The Head of Operations, Solad Power Holding LLC, Omotunde Hassan, at a tour of the facility on Tuesday, said the 1,047 shops in the complex had been metered and energised for 70 days since the project commenced.
He said, “Solad is a power company, and our mission is to deliver power to captive customers. Sura is one of those captive customers we have looked at under the EEI projects. In addition to that, we have invested as co-developer for Sabon-Gari Market in Kano and Ariaria Market.