The lagos state governor disclosed the plans after receiving report on embedded power technical committee at the State House, Alausa Secretariat, Ikeja.
He said that the initiative was to ensure residents have access to 24 hours power supply,stating that it had become clear that the problems in the power sector could no longer be left to the Federal Government alone to solve.
“it is planned that 350 MW of this incremental power will be delivered by first quarter of 2018, additional 850 MW by fourth quarter of 2018, and the balance of 1,800MW not later third quarter of 2022.
“The State Government will support the Power Purchase Agreements (PPAs) that will be signed between the Distribution companies (Discos) and the embedded power providers, to enhance bankability of the projects.
“Distribute the Embedded Power, off-grid, within Lagos State through the network of Eko and Ikeja distribution companies. We will support the distribution companies in upgrading their distribution infrastructure and installation of smart prepaid meters in the areas where embedded power is deployed.”
Ambode added that the state government would collaborate with operators of oil blocks in the state to accelerate the extraction of gas feed stocks for power generation.
[i]“Alternative sources of fuel will be explored to sustain uninterrupted power supply in the medium to long term, including partnerships on investments in gas pipeline infrastructure through the State's owned oil and gas Corporation – Ibile Oil and Gas,”
Earlier, the State Commissioner for Energy and Resources, Mr. Olawale Oluwo, said that the recommendations of the committee were in five major intervention areas in the entire power value chain starting with generation.
Oluwo said the state would be investing to upgrade the distribution infrastructure of the distribution companies and would also help them to meter the entire areas where the embedded powers would be deployed.