TEG Secures Power Generation & Distribution License in Edo State
Tetracore Energy Group is expanding its presence in Nigeria’s power sector after its subsidiary, Tetracore Power Company Limited, secured a power generation and distribution licence in Edo State.
The licence was granted by the Edo State Government through the Edo State Ministry of Power after Tetracore Power completed the required regulatory and statutory requirements. The approval gives the company a pathway to develop power generation and distribution solutions within the state.
For Tetracore, the development strengthens its strategy of operating across more parts of the energy value chain. The company’s portfolio already covers natural gas supply and distribution, gas-to-power solutions, power generation and distribution, as well as CNG and LNG.
The Edo licence also comes as the company expands its power-generation activities elsewhere in Nigeria.
In May, Tetracore Power began commercial generation and distribution from Phase I of its 100MW Atakobo Independent Power Generation and Distribution System in Ogun State. The first phase currently delivers 20MW, with an expansion pathway to the full 100MW capacity and about 80 kilometres of transmission and distribution infrastructure supporting the project.
Its growing power portfolio reflects a broader shift in Nigeria’s electricity market, where private energy companies are increasingly developing generation and distribution solutions targeted at specific industrial, commercial and community needs.
For Edo State, the new licence could create room for additional private investment in electricity infrastructure and potentially support businesses and industries that require more reliable power to operate.
Tetracore has already established an energy presence in the state through its gas business. Its Edo facility includes a 40 MMscfd City Gate Facility supporting industrial customers, including the Utesi Industrial Park.
The company says the new power licence will deepen its partnership with the Edo State Government and support the state’s energy and economic development ambitions.
The bigger picture is that Tetracore is moving from supplying the fuel needed for power generation to taking a larger role in generating and distributing the electricity itself.
As more states develop their own electricity markets under Nigeria’s evolving power-sector framework, projects like this could become increasingly important in bringing private capital and dedicated power solutions closer to the businesses and communities that need them.
