Egbin Power Recognized as Power Generation Company of the Year
Egbin Power, Nigeria’s largest private thermal power generation firm, has earned the title of Power Generation Company of the Year from Energy Times, a prominent publication in the energy, oil, and gas sectors. This accolade underscores the company’s steadfast dedication to operational excellence and its resilience amid ongoing challenges in the industry.
Celebrating Excellence in the Energy Sector
The award was presented at the recent Energy Times Awards, an event that unites key stakeholders across the energy value chain to honor innovation and excellence within the sector. Egbin Power’s achievement reflects its commitment to not just meeting expectations but exceeding them in a difficult economic climate.
Commitment to Reliable Power
In a statement following the recognition, Egbin Power expressed gratitude to the event organizers, emphasizing that success in Nigeria’s power sector is built on consistent performance rather than mere brand recognition. The firm remains resolute in its mission to deliver reliable megawatts to the national grid, despite facing persistent structural challenges.
Leadership Highlights Resilience and Dedication
Mokhtar Bunner, Chief Executive Officer of Egbin Power, remarked that the award reflects the resilience of the team, the strength of the company, and its unwavering goal of providing sustainable electricity to Nigeria. He acknowledged that while the award is a testament to tangible results, there is still considerable work to be done to further enhance the power generation landscape.
Emphasizing the Importance of Value in Power Generation
Bunner emphasized that sustainable power generation goes beyond merely producing electricity; it requires an efficient end-to-end power value chain that ensures every megawatt generated delivers value and generates revenue. This focus is essential for fostering a sustainable energy environment in Nigeria.
Acknowledging Team Efforts and Governance
The CEO dedicated the award to the hard work of Egbin Power’s employees, stating that their discipline and determination play a crucial role in achieving exceptional results. He also recognized the vital support from the Board of Directors, highlighting the significance of strong governance and collaborative management in enhancing performance levels.
Driving Innovation and Sustainability in the Energy Sector
Mr. Bunner also highlighted Sahara Group’s role in fostering innovation and sustainability throughout Egbin Power’s operations. He reiterated the organization’s commitment to creating value for stakeholders while making meaningful contributions to Nigeria’s development. “We are not just generating electricity; we are powering the future,” he stated, emphasizing that technology will remain integral to this transformation, with sustainability and affordability being fundamental standards, not just aspirations.
Impressive Operational Performance Amidst Challenges
In its citation, Energy Times commended Egbin Power for making significant strides in average hourly power generation in 2025, despite prevailing industry challenges. The publication noted that the firm achieved impressive production levels through enhanced operational efficiency, proactive asset management, and a firm commitment to stabilizing the national grid, thereby reinforcing Egbin Power’s strategic role in Nigeria’s energy sector.
