Out of 66 firms bidding for 10 power plants built under Nigeria’s National Integration Power Projects (NIPPs), 42 companies were shortlisted for the financial bids awarded by the Niger Delta Power Holding Co. Ltd. (NDPHC).
The shortlisted firms will take part in the financing bidding which begins on March 14 for the offer of 80% of the shares from each of the 10 generating power projects. Benue State governor Gabriel Suswam said that 24 proposals either failed the technical evaluation or the due diligence assessment.
Visit our Facebook page or follow us on Twitter to receive even more news and updates from Alternative Energy Africa.