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Jul 30

NIPP Transaction – Preferred Bidders

NIPP Transaction – Preferred Bidders for Ten NDPHC Generation Companies

S/N

Generation Company

Preferred Bidder

Financial Offer

1

Alaoji Generation Company*

AITEO Consortium

$902,000,000

2

Benin Generation Company

EMA Consortium

$580,000,000

3

Calabar Generation Company

EMA Consortium

$625,000,000

4

Egbema Generation Company

Dozzy Integrated Power Limited

$415,075,000

5

Gbarain Generation Company*

KDI Energy Resources

$340,000,000

6

Geregu Generation Company

Yellowstone Electric Power Limited

$613, 111,113

7

Ogorode Generation Company

Daniel Power Consortium

$531,777,777

8

Olorunsogo Generation Company

ENL Consortium Limited

$751,240,000

9

Omoku Generation Company*

Shayobe International Limited Consortium

$318,710,840

10

Omotosho Generation Company

Omotosho Electric Power

$659,999,000

 

 

 

 

 

 

 

                                     * A court injunction has been placed on the transactions for the Generation Company