Wednesday, September 26, 2012

Privatizing electric power generating companies

The preferred bidders for the five state power plants are : 
Transnational Corp. for the 947- megawatt Ughelli power station.
China Machinery Engineering Corp. (leading a group of companies) for the Sapele plant.
Amperion Power Distribution Ltd. for the Geregu plant.
Mainstream Energy Solutions Ltd. the Kainji hydro plant.
North-South Power Co. Ltd. for the Shiroro hydro power plant.
Kainji Dam

Nigeria, Africa’s top oil producer, is selling majority stakes in power plants.
The country will also let private investors buy as much as 70 percent of 11 distribution companies spun out of the former state-owned utility NEPA/PHCN.

Read More at Bloomberg - Nigeria names winning bidders for five state power plants.
More photographs of Kainji hydroelectric power site at skyscrapercity.

1 comment:

Jonathan Melbar said...

always doing your research is key, then you can avoid misleading things such as the cries of a North American Power scam and get down to what will help you the most

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