50MW Ogba Independent Power Plant (IPP)
Sector: Manufacturing (Industrial) • Location: Ikeja, Lagos State, Nigeria
Source: ZAWYA
ODU’A Investment Company Limited and Elektron Energy Development Strategies Limited have partnered to develop a 50-megawatt gas-fired Independent Power Plant at the former Cocoa Industries Limited Complex within the Ogba Industrial Estate in Ikeja, Lagos. The project aims to provide reliable electricity directly to industrial and commercial users in the Ogba cluster, reduce grid instability exposu
- Status
- Closed
- Sector
- Manufacturing (Industrial), Power Generation (CCGT), Commercial
- Location
- Ikeja, Lagos State, Nigeria
- Updated
- 22 Jul 2026
- Source
- ZAWYA
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Project Information
Participants
| Not available for this record. |
Status
Original status | awarded |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | ODU’A Investment Company Limited and Elektron Energy Development Strategies Limited have partnered to develop a 50-megawatt gas-fired Independent Power Plant at the former Cocoa Industries Limited Complex within the Ogba Industrial Estate in Ikeja, Lagos. The project aims to provide reliable electricity directly to industrial and commercial users in the Ogba cluster, reduce grid instability exposure, and eliminate inefficient self-generation. It is expected to support job creation, enhance business competitiveness, and reinforce Lagos as Nigeria's commercial and industrial hub. The project will be delivered through a Special Purpose Vehicle combining Elektron's expertise and Odu’a Investment's regional investment platform. |
Original sector | Energy |
Budget |
Location
Country | Nigeria |
State | Lagos State |
City | Ikeja |
Source
Source | ZAWYA |
URL |
More Details
Record type | Project |
Sector | Manufacturing (Industrial), Power Generation (CCGT), Commercial |
Article published date | 2026-04-20 |
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