Lagos Deep Offshore Logistics (LADOL), has disclosed that it is investing in a gas fired power plant, which will be built in phases, The Guardian reports.
The Managing Director, LADOL, Amy Jadesimi, dropped the hint during a tour by a team from the Nigeria Export Processing Zones Authority (NEPZA) to the base. The power plant will not only boost available generation in the country, which is grossly inadequate to meet local needs but will also be an added boost to capacity development in-country.
Jadesimi said: “We are building a 50MW power plant in phases. The first phase is 24MW, which will be ready in about 18 months from now.” On the gas feedstock to fire the gas plant, she said LADOL is in agreement with two gas firms to guarantee the steady supply of liquefied natural gas (LNG) to generate the output.