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.
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.