Residents and businesses in Isolo, Lagos, may soon enjoy steady electricity supply following approval for a 9-megawatt embedded power project in the area.
The clearance was issued by the Lagos State Electricity Regulatory Commission (LASERC) in its latest round of licensing for electricity developers across the state. Isolo Power Gen Limited was the only company in this batch approved specifically to run an embedded generation project.
The proposed plant will be sited along the Apapa-Oshodi Expressway in Isolo and is designed to generate electricity within the community and feed it directly into the local distribution network. This model reduces reliance on the national grid and is expected to improve supply reliability for homes, shops, and nearby industrial clusters.
If completed as planned, the 9MW facility could make round-the-clock electricity a reality for many residents in Isolo and surrounding neighbourhoods.
Project documents show that the ownership structure of Isolo Power Gen includes Westfield Assets Limited and Camara Exim Limited, both registered in the British Virgin Islands, alongside Nigerian conglomerate Chellarams Plc and Suresh Chellaram.
A review of LASERC records indicates that interest in decentralised electricity projects is rising across Lagos. About 40 additional applications are currently undergoing review across embedded generation, captive power, and mini-grid categories.
Some notable proposals still awaiting approval include a 10MW project in Alaro, Epe; a 24MW green power plan in Takwa Bay, Apapa; a 30MW project in Agidingbi; and a 50MW facility in Ibeju-Lekki. Many of these projects are aimed at powering industrial zones and commercial hubs where stable electricity is critical.
LASERC was created after the Lagos Electricity Law was enacted in 2024, enabling the state to regulate its own electricity market following constitutional changes that gave states greater authority over power generation and distribution.
In March 2026, Governor Babajide Sanwo-Olu inaugurated the LASERC board, activating full regulatory oversight of electricity activities within the state. Institutions such as the Lagos State Electrification Agency, the Electrification Fund, an Independent System Operator, and a Power Enforcement Unit were also set up to support the new framework.
Lagos State has also signed several Power Purchase Agreements with private developers as part of plans to increase generation capacity from below 60MW to between 200MW and 400MW, while expanding metering and introducing dual power systems for critical infrastructure.
