By UdemeAkpan

Elektron Energy, a developer and operator of embedded power infrastructure, has unveiled its Victoria Island Power (VIPL) project, a 40-megawatt embedded power network designed to provide dedicated and more reliable electricity to businesses in one of Lagos’ upscale commercial districts.

The company opened the project to customers and business leaders recently at its Victoria Island Power Customer Experience Day, giving stakeholders an opportunity to inspect the facility and receive technical briefings ahead of commissioning.

The project, being developed in collaboration with Eko Electricity Distribution Company (EKEDC) and under a licence from the Lagos State Electricity Regulatory Commission (LASERC), combines power generation and distribution infrastructure to supplying electricity directly to businesses across Victoria Island.

Speaking at the event, AyomideOladapo, Executive Director, Business Development, Elektron Energy, said the project was designed to address the longstanding challenges businesses face with unreliable grid supply and the high cost of self-generation.