In line with its vision to grow the state’s economy from $4.4bn to $30bn and meet the state’s power needs, the Enugu State Government says it is working to ramp up the state’s electricity capacity from the 70MW currently supplied by the national grid to 700MW through private sector investment.
The government said it was, however, eager to get the inputs of industry stakeholders into the state’s draft electricity regulatory framework to make the state’s electricity market viable. This was even as developers, operators, investors, financiers, consumers, among other stakeholders commended what they described as the transparency and proactiveness of the state in its effort to build an electricity market where everyone’s interest is protected.
“We have given ourselves some projected targets that within the next two years , Enugu State should be consuming at least 300 megawatts and by 2030 we would have hit at least 700 megawatts. “Right now, we are getting approximately 70 megawatts from the national grid. And this is not sufficient for us to say that we want to put ourselves in the position to industrialize. We want to change that narrative.
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