Established in 2001, the company's core business lies in the acquisition, repair, maintenance and operation of power plants. Between 2001 and 2004, the company played an active role in the Emergency Power Projects embarked on by the then Nigerian Electric Power Authority (NEPA) presently known as the Power Holding Company of Nigeria (PHCN). 

In 2006, the company partnered with a major international power company, Korean Electric Power Corporation (KEPCO), to enable it to provide a wider range of solutions to the entire power sector chain throughout the region.

The resulting company KEPCO Energy Resource Ltd. (KERL) carried out major repairs to two boilers in Egbin Power Plant, Lagos State. Egbin has an installed capacity of 1320MW, but in 2006 could only generate 880MW. The work carried out by KERL added 440MW, restoring the plant to full capacity.

KERL is presently engineering a 1350MW Power Plant, to be installed in the Lagos area. The plant when built will consist of 3 - 450MW combined cycle power blocks.
NG Power Limited, an affiliate of KERL, is presently carrying out operation and maintenance of Omoku Power Plant. The Plant is a 150MW generating station which consists of six open cycle gas turbines, each with an installed generating capacity of 25 MW. The gas turbines are GE Nuovo Pignone model MS 5001 PA. The generating station came online in December 2006 with four turbine units at the start, while the other two came up a year later. The power generated is transmitted directly to the control center in Port-Harcourt (Ogindipa) via 132 KVA feeder lines. In addition, the power station directly exports power to neighboring communities of Okposi, Ndoni and Kirigene, among others.

Features of the Plant

·         6 x 25MW Nuovo Pignone gas turbines
·         Electrical control building
·         6 x 35MVA transformers
·         Turbine canopy with gantry crane
·         132kV switchyards
·         Black start generators
·         Fire protection system
·         Gas treatment plant
·         Lube oil coolers, etc
·         132kV switching facility
·         Power transformers

Sahara Power in 2013 acquired assets in Nigeria’s power sector under the privatisation programme of the Federal Government of Nigeria which led to transfer of former PHCN assets to private investors on November 1, 2013. 
Working through a number of Special Purpose Vehicles (SPV), Sahara successfully acquired majority shareholding stakes in two (2) of the PHCN assets that were sold by the Nigerian Government, namely Egbin Power station - the largest Power Generation Plant in Nigeria - and Ikeja Electricity Distribution Company - the largest power distribution network in Nigeria. 
The NEDC/KEPCO Consortium emerged as the majority shareholders of the former Ikeja Distribution Company and Egbin Power Plant respectively. The consortium which has the Korean Electric Power Corporation (KEPCO) as technical partners is committed to delivering efficient, affordable and sustainable power supply in the near future through investments in new technology, infrastructure upgrade and human capital development.