Ikeja Electric Plc has signed a Tripartite Interconnected Mini-Grid Agreement with Enaro Energy Limited and the Ayobo community in Lagos to provide 24-hour power supply to residents of Ishokan Phase 1 Estate, MercyLand Estate, and Mercy Land Phase 1 in Ayobo.
The initiative is in line with the Nigerian Electricity Regulation Commission’s goal of ensuring reliable and consistent power supply across the country through partnerships between Distribution Companies and Independent Power Generators.
The Agreement will leverage the Interconnected Mini-grid Initiative of the power sector to provide the customers with uninterrupted power supply.
Speaking during the signing of the Agreements, the Chief Finance Officer of Ikeja Electric, Seqinah Adewunmi who represented the Chief Executive Officer, Folake Soetan, stated that those communities would be the first to experience uninterrupted power supply in Lagos State via a blend of grid and off-grid generation and distribution of power.
According to her, it will demonstrate the possibility that customers can enjoy 24-hour power supply which is in line with the core mission of the Ikeja Electric to be the provider of choice wherever power is consumed.
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She stated that this initiative would set the pace for bigger things to happen as the plan is to expand to other communities within the Ikeja Electric Franchise area.
Managing Director of Enaro Energy, Oluwaseun Smith, stated that the journey began about two and half years ago and was glad that all the efforts towards ensuring the signing of the contract was worth it.
He stated that Enaro Energy is committed to providing necessary resources to ensure the success of the project.
Speaking on behalf of the communities, Baba Agba Lawrence said that despite initial doubts at the early stages of discussion on this project, they were impressed by the level of commitment expressed by Ikeja Electric and Enaro Energy.