The Lagos State Government has approved 14 electricity licences and permits covering off-grid generation, embedded generation, independent distribution, metering services, and interconnected mini-grid operations as part of efforts to strengthen power supply across the state.
The approvals were granted by the Lagos State Electricity Regulatory Commission during its first stakeholder engagement meeting held earlier this week.
According to the commission, the initiative is aimed at creating a structured and investment-friendly electricity market capable of improving power reliability for residents and businesses in Lagos.
Among the approved projects, Axxela Limited received approval for a 5.8-megawatt off-grid power project at Cadbury Nigeria Plc in Agidingbi.
Daybreak Power Solutions Limited secured several off-grid licences for facilities belonging to Seven-Up, Nigerian Breweries, NBC, Crown Flour Mill, Nigerdock, and Promasidor.
Similarly, Isolo Power Gen Limited was granted approval for a 9MW embedded generation project along the Apapa-Oshodi Expressway in Isolo, while Isolo Power Supply Limited obtained a licence to operate as an Independent Electricity Distribution Network operator.
Additional approvals were issued to New Hampshire Capital, GossLink Engineering, and Enaro Energy Mini-Grid Limited for metering and mini-grid operations.
LASERC stated that the approvals represent a major milestone in Lagos State’s evolving intrastate electricity market, designed to deepen private sector participation and improve electricity access across industrial hubs and residential communities.
The commission noted that the strategy aligns with Lagos’ plan to decentralise electricity supply through embedded generation, mini-grids, and independent distribution systems, thereby reducing pressure on the national grid.
Under its long-term roadmap, LASERC aims to achieve 97.5 per cent electricity availability across Lagos by 2030 while reducing market losses to below 10 per cent through a decentralised and performance-driven power system.
As part of planned reforms beginning in 2026, the commission said it would launch two to three pilot 24-hour electricity franchise zones by October 2026. It also plans to introduce Grid Interface Guidelines and commence a 100 per cent metering initiative by July 2026.
Consumer complaint centres are expected to open in phases from August 2026, starting in Amuwo Odofin before expanding to Ikorodu and Epe in September.
LASERC also disclosed that the Electric Eye of Lagos (EEL) Programme, an AI-powered metering system, will be completed by August 2026, with pilot deployment scheduled for October 2026.
Draft electricity market rules are expected in October 2026, with final regulations to be concluded by December 2026 alongside the introduction of regulatory sandbox guidelines to encourage innovation and private sector investment.
Governor Babajide Sanwo-Olu constituted LASERC in 2024 following the signing of the Lagos Electricity Bill into law, establishing the state’s independent electricity market framework.
A story of courage, wonder, and the transformative power of self-belief; perfect for readers aged 10+ who love adventure. To place order: +234 806 130 3237 | +234 803 582 0870 OR Tap the link to grab a copy:https://www.zeekapublish.com/product/the-magical-life-of-anna
