Government Approves 14 Electricity Licences, 14.8 Megawatts Power Generation Projects
The Lagos State Electricity Regulatory Commission has approved 14 electricity licences and permits covering independent power distribution, metering services, and interconnected mini-grid operations as part of efforts to strengthen the state’s electricity market.
The licences were presented by LASERC Chairman, Alexander Ogunbiyi, alongside the commission’s Chief Executive Officer, Temitope George, during the agency’s maiden stakeholder engagement held in Lagos on May 7.
In a statement shared on LinkedIn, the commission said the approvals reflect its commitment to building a transparent, structured, and investment-friendly electricity market in the state.
“This milestone underscores LASERC’s commitment to enforcing compliance, promoting investment confidence, and ensuring a structured electricity market that supports sustainable sector growth,” the commission stated.
Among the approved operators is Axxela Limited, which received approval for a 5.8-megawatt power project at Cadbury Nigeria Plc in Agidingbi.
Isolo Power Gen Limited was granted approval for a 9-megawatt project along the Apapa-Oshodi Expressway in Isolo, while Isolo Power Supply Limited secured an Independent Electricity Distribution Network licence for operations within the same corridor.
Daybreak Power Solutions Limited also obtained multiple approvals covering facilities operated by Seven-Up Bottling Company in Oregun, Crown Flour Mill in Ikorodu, Nigerdock FZE on Snake Island, Nigerian Breweries in Iganmu, Nigerian Bottling Company in Ikeja, and Promasidor Nigeria Limited in Isolo.
The commission further approved New Hampshire Capital Limited as a meter asset provider, while GossLink Engineering Limited secured licences for 330KV and below operations, including 400V vendor and importation services.
In addition, Enaro Energy Mini-Grid Limited received approval for interconnected mini-grid projects in Ishokan Phase 1 and Mercyland Phase 1 in the Ayobo-Ipaja area of Lagos.
LASERC said the approvals align with its regulatory mandate to ensure accountability, operational efficiency, and sustainable development across the electricity value chain in Lagos State.
Speaking during the stakeholder engagement, George disclosed that the commission is establishing zonal offices in Ikorodu, the Amuwo Odofin/Badagry axis, and the Sangotedo/Epe axis to improve complaint resolution and expand access to regulatory services.
According to him, the offices are expected to become operational in the third quarter of 2026.