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16 Firms Prequalify For National Power Projects- BPE

by Judah Bamigboye
July 8, 2022
in Business
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16 Firms Prequalify For National Power Projects- BPE
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The Director-General, Bureau of Public Enterprises, BPE, Mr Alex Okoh has said that 16 firms have pre-qualified for the privatisation of five National Integrated Power Projects, NIPPs, in the country.

Mr Okoh said this in a statement issued by the Bureau’s Head of Public Communications, Chidi Ibeh, in Abuja on Thursday.

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The director-general listed the plants to include Geregu, Omotosho, Olorunsogo, Calabar and Benin-Ihovbor.

Okoh, who announced at the Investor pre-bid conference for the privatisation of the five NIPP plants, said the 16 pre-qualified bidders included Mota-Engil Nig, Amperion Power, and Sifax Energy.

Others, according to him, are Pacific Energy Company Ltd and Globeleq Africa L, Geoplex Drillteq Ltd, Asfalizo Acquisition Ltd, Launderhill PJB, Lauderhill Tata, Unicorn Power Genco Ltd, and Connaught Energy Services Ltd.

He named others as ENL Consortium Ltd, Ardova Plc, Central Electric and Utilities Ltd, North South Power Consortium and Quantum Megawatt Consortium.

Okoh added that the power sector remained a viable investment in the country given the low per-capital Megawatts recorded in Nigeria.

“The interest shown by bidders and the opening up of the generation aspect of the power sector confirms the vast opportunities that abound in the sector.

“The bureau and other relevant stakeholders are committed to making the sector sustainable.’’

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