LASERC Strengthens Ties with Elektron on Power Project

The Lagos State Electricity Regulatory Commission (LASERC) has reinforced its collaboration with private power developer Elektron Energy regarding the 40MW Victoria Island Power Project. This engagement followed an official visit to the power plant, which allowed LASERC to evaluate the project's progress and interact with the engineering and operations teams.

The project, developed in partnership with Eko Power, aims to deliver dedicated electricity to businesses in Victoria Island, addressing a significant infrastructure need in Lagos. The facility is scheduled to begin commercial operations in December 2026.

LASERC's delegation, led by CEO Temitope George, included Adekunle Olopade and Adetunji Adesanya, and they were received by Elektron Energy's General Manager of Operations, Nicholas Abolo-Tedi, and Director of Engineering, Oladipo Ogunniyi, along with Mika Gummerus, Site Manager for Wärtsilä. The inspection focused on construction progress, operational readiness, and compliance with technical specifications.

George emphasized the importance of ensuring that investments in electricity infrastructure yield tangible benefits for residents and businesses.