The first power station to be constructed at Chadderton was built around 1925–1929 and was commissioned in November 1929 for the County Borough of Oldham in the Slacks Valley.

It also remained occupied by the low pressure Slacks Valley power station and its 132 kV transformer compound.

It was found that suitable rail facilities for the new station were obtainable from the adjacent Caldervale Line.

It was also found that effluent from the Oldham Corporation's Sewage Works could be used as make-up for the station's cooling towers.

[1][6] The station was demolished by MJ Finnigan & Co.[14] Much of the site has been redeveloped with European Union and UK Government funding to become Oldham Broadway Business Park.