The Managing Director and Chief Executive Officer of the Niger Delta Power Holding Company (NDPHC), Engr. Jennifer Adighije, has said the company is prepared to supply an additional 1,500 Megawatts of electricity to Lagos State market.

Adighije, according to the statement issued by Emmanuel Ojor Head, Corporate Communications and Public Relations Department, at NDPHC, made the remarks during a visit to the Managing Director/CEO of the Lagos State Electricity Regulatory Commission (LASERC), Temitope George, on Friday.

Ojor quoted the Managing Director as saying that with about 2,000 megawatts of stranded power assets, NDPHC is strategically positioned to improve electricity supply in Lagos State.

Adighije said Lagos currently receives about 1,000MW from the national grid, leaving a huge supply gap against the state’s estimated 12,000MW electricity demand, adding that NDPHC is prepared to supply an additional 1,500MW to the state.

According to her, the company’s mandate covers power generation as well as transmission and distribution infrastructure.

She said: “Our mandate is fundamentally to scale up power generation with the associated transmission and distribution networks, and so we are uniquely positioned in the power sector because our mandate cuts across every sphere of the sector, from the gas-to-electricity value chain through generation, transmission and distribution.

“Over the years, we have led power sector reforms and helped close infrastructure gaps, and that is what makes us the right candidate to partner with LASERC to drive access to electricity in Lagos.”

The NDPHC boss added: “It is widely known that NDPHC has the largest power generation assets in sub-Saharan Africa. “We have an installed capacity of about 4,000MW but, regrettably, on a daily basis we are only able to dispatch about 400MW to 500MW.

Clearly, we have a lot of stranded capacity. “From the Lagos Electricity Market Report published recently, we can see there is a huge demand and supply gap for energy.”