Dangote Group plans to supply up to 500 megawatts of electricity to Kenya from a new power plant being developed alongside its proposed refinery in Lamu.

Group President Aliko Dangote disclosed this while speaking at the Nairobi Securities Exchange, explaining that the planned facility would generate 1,000MW, with only half of the capacity required to operate the refinery.

According to Dangote, the refinery is expected to consume about 450MW during normal operations, while another 50MW would be kept as reserve capacity to handle fluctuations.

The remaining 500MW is expected to be supplied to the Kenyan government under an agreement being developed between both parties.

Dangote said the additional electricity would provide an opportunity for industries planning to establish operations in Lamu, as businesses would have access to power without having to build separate generation facilities.

The proposed power plant will be significantly larger than the facility at the Dangote Petroleum Refinery in Lagos, which currently generates about 500MW for the Nigerian refinery.

Dangote had earlier disclosed that the Lamu power plant would generate twice the capacity of the Lagos facility.

Beyond refining, the Lamu project is expected to support the development of a wider industrial cluster, with Dangote saying the project would include facilities for polypropylene and base oil production.

The proposed refinery is designed to process 700,000 barrels of crude oil per day. Dangote has estimated the total investment in the project at between $15 billion and $16 billion, with completion targeted for 2030.

The project is also expected to generate more than 60,000 jobs and attract additional businesses and investors to Lamu.

Dangote has previously said he plans to invest $10 billion to address power challenges across Nigeria and other parts of Africa, highlighting electricity generation as an important part of the group’s broader industrial expansion.