Yemisi Izuora
Lafarge Africa said it has applied to Nigeria’s energy regulator for a licence to generate 260 megawatts of electricity to supply to the country’s grid.
Nigerian Electricity Regulatory Commission (NERC) is licensing the embedded power companies to try to end electricity shortages in the country.
Power has remained one of the biggest constraints to investment and growth in Nigeria.
Embedded power companies are not primarily power generating companies, but generate extra power from their operations and can sell the surplus to the grid or distribution companies.