Lafarge Africa applies for licence to generate 260 MW power in Nigeria

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The company logo of French concrete maker Lafarge is seen in Paris April 23, 2015.   REUTERS/Gonzalo Fuentes
The company logo of French concrete maker Lafarge is seen in Paris April 23, 2015. REUTERS/Gonzalo Fuentes

LAGOS (Reuters) – Lafarge Africa said on Friday it has applied to Nigeria’s energy regulator for a licence to generate 260 megawatts of electricity to supply to the country’s grid.

Nigerian Electricity Regulatory Commission (NERC) is licensing so-called embedded power companies to try to end electricity shortages, one of the biggest constraints to investment and growth in Africa’s largest economy.

Embedded power companies are not primarily power generating companies, but generate extra power from their operations and can sell the surplus to the grid or distribution companies.

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