Egbin Power, Nigeria’s largest privately-owned thermal power generation company, has been named Electricity Generation Company of the Year by Energy Times, highlighting its unwavering commitment to operational excellence and resilience in the face of industry-wide challenges. The award was presented during a ceremony where key stakeholders across the energy value chain celebrated excellence and innovation within the industry.
The company emphasised that despite persistent structural constraints within the sector, its responsibility remains clear in delivering reliable megawatts to the national grid. Mokhtar Bounour, chief executive officer of Egbin Power, stated: “At Egbin Power, we have made a deliberate choice to be reliable, disciplined, and performance-driven. This recognition reflects the resilience of our people, the strength of our operations, and our unwavering commitment to powering Nigeria sustainably”.
Bounour noted that the award is rooted in measurable outcomes, while acknowledging that much work remains to be done in strengthening the sector. He stressed that sustainable power extends beyond generation, emphasising the need for an efficient end-to-end electricity value chain where every megawatt generated translates into value delivered and revenue recovered. The CEO dedicated the award to the company’s workforce, recognising that strong alignment between governance and management has been critical in consistently raising performance standards.
Energy Times, in its citation, commended Egbin Power for its notable improvements in average hourly power generation in 2025, achieved through enhanced operational efficiency, proactive asset management, and a firm commitment to national grid stability. The company’s sustained output has further cemented its strategic importance in Nigeria’s power sector.
