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TCN suspends direct power sale to industries - Punch Newspapers

TCN suspends direct power sale to industries - Punch Newspapers
punchng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from punchng.com Daily Mail and Mail on Sunday newspapers.

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Getting it right with GenCos' sale

Punch Editorial Board Published 17 May 2021THE call for Expressions of Interest from investors to purchase five state-owned electricity power generation companies raises both hope and trepidation. The Bureau of Public Enterprises, on behalf of the National Council on Privatisation and the Niger Delta Power Holding Company, is putting the GenCos on the auction block as part of the ongoing reforms and the privatisation programme, to improve the. ....

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Getting it right with GenCos' sale - Punch Newspapers

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Published 17 May 2021
THE call for Expressions of Interest from investors to purchase five state-owned electricity power generation companies raises both hope and trepidation. The Bureau of Public Enterprises, on behalf of the National Council on Privatisation and the Niger Delta Power Holding Company, is putting the GenCos on the auction block as part of the ongoing reforms and the privatisation programme, to improve the country’s troubled power sector and raise funds. Investor and public optimism is however tempered by the dismal outcome of the flawed 2013 power asset sales and fear that this round could well go the same sordid way. ....

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Nigerian Government Moves To Sell Power Generating Companies, Invites Bids

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.
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.
According to the News Agency of Nigeria, the development is part of ongoing reform in the Nigerian Electricity Supply Industry and in line with the Nigerian Electric Power Policy and Electric Power Sector Reform (EPSR) Act, 2005. ....

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BPE offers 5 NIPP Gencos to investors

BPE offers 5 NIPP Gencos to investors
By Folasade Akpan
Abuja, May 2, 2021 The Bureau of Public Enterprises (BPE) has called on prospective investors to express interest in purchasing 100 per cent shareholding in any of the five power generation companies constructed under National Integrated Power Project (NIPP) listed for sale.
It said this in a document signed by the Director-General, Mr Alex Okoh, and made available to the media on Sunday.
The document said that it was in continuation of the ongoing reforms of the Nigerian Electricity Supply Industry and consistent with the Nigerian Electric Power Policy and Electric Power Sector Reform (EPSR) Act, 2005. ....

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