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Home / Tag Archives: Geregu Power Plc

Tag Archives: Geregu Power Plc

PHCN Privatisation: FG Clears

The Federal Government has cleared all the preferred bidders for the PHCN successor generation and distribution companies to enter the final negotiation stage on the sale of the electricity firms. Mr Benjamin Dikki , Acting Chairman, Bureau of Public Enterprises (BPE), stated this on Tuesday in Abuja at a meeting …

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Power plant buyers named

The Bureau of Public Enterprises (BPE) has announced the preferred bidders for five power generation plants as part of its plans to privatise Nigeria’s electricity sector. Making the announcement at a ceremony in Abuja, the BPE revealed that a consortium, which includes Transcorp, was the highest bidder for the Ughelli …

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Power Reform – Five New Gencos Emerge, Shell Out US$982 Million

The federal government yesterday announced seven consortiums as the preferred and reserved bidders for the privatisation of the Power Holding Company of Nigeria (PHCN) successor generation companies (Gencos) in bids totalling $707.3 million. The government also reassured prospective core investors of its commitment to international best practices in the sale …

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