In all, 25 bidders met the deadline, they include Julius Berger Investments – the investment arm of Julius Berger Nigeria Plc, Marubeni and Transcorp.
According to, Mr. Chukwuma Nwoko, Head, Public Communications, BPE, Ughelli Power Plc had the most bidders, with nine potential investors meeting the deadline. The bidders are Transcorp & Woodrock/Symbion Power/Medea/PSL/Thomasen; Feniks Electricity; NPG Consortium; Delta Utility Company Ltd; and Botad/GE/13M Power Consortium. Others are Danglobe Consortium; Amperion Power Distribution Company; Ethiope Energy and Taleveras Group
Shiroro hydro power, according to Nwokoh, had the least number of bidders with only one potential investor, while Kainji hydro power Plc had two bidders. Geregu thermal power plant and Afam Power, had four and three bidders respectively.
The bidders for Geregu Power Plc are Knox J & L Energy Solutions Ltd; Plainfield Universal Technologies; TES Power Ltd; and Amperion Power Distribution Company Ltd.
For Afam Power Plc, the bidders are Primeniza Energy Ltd; Skipper Nigeria Ltd; and NPG Consortium. The two bidders for Kainji Power Plc are Marubeni Corporation and Mainstream Energy Solutions Ltd, while North-South Power Co. Ltd was the sole bidder for Shiroro Power Plc.
Sapele Power Plc, had six bidders-JBN/Nestoil Power Services Ltd; Foby Energy; Proton Energy Consortium; Ogorode Power Ltd; CMEC/Eurafric Energy Ltd and Dateline Power are the bidders.
The BPE also stated that the deadline for harvest of bidders’ technical and financial proposals for the distribution companies is July 31, 2012, while evaluation of the technical bids will take place between August 14 and 28, 2012. The National Council on Privatisation (NCP) will approve the results of the technical evaluation on/or before September 11, 2012.
Also, deadline for the shortlisted bidders for generation companies to submit their letters of credit is September 18, 2012, while that of distribution companies is October 2, 2012 .
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