Geregu Generation Company Ltd installed capacity at ISO condition of 506 Megawatts (MW)
Benin (Ihovbor) Generation Company Ltd with 507 MW;
Calabar Generation Ltd with 634MW;
Omotosho Generation Ltd with 513MW; and
Olorunsogo Generation Company Ltd with 754MW.
What the DG of BPE is saying about NIPP asset sale
“Each bidder must be an experienced power generation company that owns and/or operates utility size power plants.
In case of a consortium, at least one of the consortium members must be an experienced power generation company (the “Technical Partner”).
The technical partner shall be responsible for providing operation, maintenance and management services under a long term agreement,” he said.
Nigerian Government Moves To Sell Power Generating Companies, Invites Bids
Constructed under the National Integrated Power Project (NIPP), the sale of the companies will done through the Bureau of Public Enterprises (BPE), which handles the sale of public assets.
by SaharaReporters, New York
May 02, 2021
The Nigerian government has announced its decision to sell five power generating companies.
Constructed under the National Integrated Power Project (NIPP), the sale of the companies will done through the Bureau of Public Enterprises (BPE), which handles the sale of public assets.
Nigeria s President Muhammadu Buhari.
A document signed by the Director-General of the BPE, Alex Okoh, and made available to the media called for bids for the 100 percent shareholding of the government in any of the five companies.
•Gas shortage cripples operations of power plants in South-west
Emmanuel Addeh in Abuja
The federal government yesterday attributed the delay in executing the $5.8 billion Mambilla hydroelectric power project, expected to add 3,050 MW to the nation’s electricity output, to court cases being pursued by its former contractor.
Minister of Power, Mr. Sale Mamman, however, said in a statement issued in Abuja that the government was finalising settlement terms leading to an amicable arbitration, so that the project could take off.
Also yesterday, the Managing Director of the Niger Delta Power Holding Company (NDPHC), Mr. Chiedu Ugbo, stated that the gas shortage had crippled the operations of all power plants in the South-west.
BEDC, NDPHC to increase power generation by 250MWs guardian.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from guardian.ng Daily Mail and Mail on Sunday newspapers.
By Emmanuel Addeh
The Niger Delta Power Holding Company (NDPHC) is set to boost power supply to Edo, Delta, Ondo and Ekiti, with the signing of an agreement with the Benin Electricity Distribution Company (BEDC) to deliver additional 250MW from the company’s stranded power.
Speaking at the signing ceremony in Lagos, the Managing Director, NDPHC, Mr. Chiedu Ugbo, said the agreement took immediate effect, with the initial project areas being at Ihovbor, Edo State; Asaba, Delta State, Ondo South and parts of Ekiti State.
A statement in Abuja by the Head, Communication and Public Relations of the organisation, Olufunke Nwankwo, noted that Ugbo disclosed that the process leading to the agreement commenced in 2020, with a strong commitment by both parties to the delivery of safe and reliable power to customers of the BEDC’s franchise area.