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Victoria Island power plant project, Nigeria

Image of gas-fired power plant

18th July 2025

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Victoria Island power plant project.

Location
Victoria Island, in Lagos, Nigeria.

Project Owner/s
Victoria Island Power, the special purpose company incorporated by Lagos-based Elektron Energy for this project.

Project Description
The project entails the construction of a new 30 MW power plant, which will run on natural gas and relies on reciprocating internal combustion engine technology.

The facility will comprise three gas engine-generator sets with related auxiliaries, and is configured to accommodate an extension with one additional engine-generator set at a later stage.

Potential Job Creation
Not indicated.

Capital Expenditure
Not stated.

Planned Start/End Date
Clearing and preparation activities are scheduled for completion in the second quarter of 2025, after which construction can start. Commissioning is expected 15 months thereafter.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
Wärtsilä (34SG gas engine generator sets).

Contact Details for Project Information
Elektron Energy, tel +234 1 906 3300 or email info@elektronenergy.com.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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