Energy technology manufacturer Wärtsilä has been awarded a contract to supply power generation equipment for a new 30 GW natural gas power plant on Victoria Island, Lagos.

The plant is being developed by Victoria Island Power Ltd. (VIPL); a special purpose company formed by energy supplier Elektron Energy.

“This pioneering project relies on reciprocating engine technology that delivers clean, flexible and reliable electricity to our customers,” stated Deen Solebo, Co-CEO, Elektron Energy.

Wärtsilä will operate and maintain the facility for five years, ensuring long-term reliability for consumers served by electric utility Eko Electricity Distribution Company. The plant will use three Wärtsilä 34SG gas engines, with room to expand by one additional unit.

“Wärtsilä’s expertise and local presence gives developers and financiers the confidence to invest, while assuring end-users of long-term power stability,” stated Marc Thiriet, Energy Business Director-Africa, Wärtsilä.

VIPL has secured power purchase agreements with customers on a service-based tariff model, aligning reliable supply with long-term demand.

The equipment contract was secured by Wärtsilä in Q4 2024.