In a country where power promises have a long history of falling short of delivery, Tetracore Energy has done what few developers manage to actually switch the lights on.
Tetracore Energy Group, through its subsidiary Tetracore Power Company Limited, has announced the successful commencement of power generation and distribution from Phase I of its 100MW Atakobo Independent Power Generation and Distribution System (Atakobo IPP), marking the transition of the project from development into active generation, distribution, and commercial operations. The company has confirmed the execution of Power Purchase Agreements with industrial offtakers, with power supply already being delivered under established commercial arrangements.
Phase I of the project currently delivers 20MW of power, with a defined expansion pathway to 100MW. The project is supported by approximately 80 kilometres of 33kV transmission and distribution infrastructure, including secured right-of-way corridors to support efficient power evacuation and distribution across the Ijebu Ode–Ijebu-Itele industrial axis in Ogun State.
The first megawatt was generated on April 20, 2026. That date marked the transition of the Atakobo IPP plant from development into active generation and commercial operations, underscoring Tetracore Energy's execution capability across the gas-to-power value chain.
President and CEO Olakunle Williams left little doubt about the significance of the milestone: "The commencement of generation and distribution from the Atakobo IPP represents another important milestone in our commitment to strengthening Nigeria's industrial and energy infrastructure. Sustainable industrial growth requires reliable power. We are delivering that reliability not as a promise, but as a commercial reality."
The Atakobo commissioning is not a standalone event; it is the opening proof point in what is rapidly becoming one of Nigeria's more credible gas-to-power expansion stories. Building on the Ogun State momentum, Tetracore has since secured the first electricity generation and distribution licences ever issued in Nasarawa State, awarded by the Nasarawa State Electricity Regulatory Commission during the Nasarawa Investment Summit 2026 in Lafia. The Nasarawa Independent Power Project will commence with Phase I of 60MW of generation capacity, designed to scale to between 120MW and 150MW.
Williams emphasised at the Nasarawa summit that the combination of gas supply and embedded power generation represents a practical pathway to industrialisation, aligning gas infrastructure with power delivery to create a reliable energy ecosystem that supports mining, agro-processing, manufacturing, and broader industrial development.
For Nigeria's industrial clusters chronically exposed to grid instability, diesel costs, and erratic Distribution Company supply, embedded independent power from a dedicated IPP with its own transmission infrastructure is not merely a convenience. It is the difference between viable and unviable manufacturing economics. Tetracore's Atakobo system is now delivering that difference in Ogun State, 20 megawatts at a time.
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