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This 11 MW plant consists of a 10 MW gas-based generator and a 1MW solar PV solution.

Elektron Energy will implement this project. It will cost around NGN8.27 billion (approx. US$20 million), and is expected to be completed within 6 to 8 months. 

Oyo State has constantly faced challenges in power supply. Some local communities have complained about the power cuts and the high power bills. The Oyo State government is currently taking steps to try and end the dependence of the state on the national power grid.

Governor Seyi Makinde, the state governor, performed the ground-breaking ceremony on 12 December 2021 at the state Secretariat Complex in Ibadan the state capital. The project is being executed through a Special Purpose Vehicle 'Ibadan Hybrid Power Limited (Hypower)' who will operate and manage the power plant for a period of 10 years to recover costs. The plant will then be transferred to the Oyo State government. 
 
Benefits

The Power Plant is expected to provide power to government agencies, schools and medical facilities. It will also light up a 10km radius area under the ‘Light-Up Oyo’ project. The Lekan Salami Sports Complex, along with 12 healthcare facilities are on the beneficiary list. This includes the Adeoyo Maternity Hospital and the State Hospital in Ibadan. The establishment of the IPP will help take the load off the national power grid and help Oyo State solve its power problems.

Photo: Scale model of Oyo Power Plant (Twitter Handle of Seyi Makinde, Governor of Oyo State)