TWENTY-one companies were prequalified on Wednesday to have their financial bids opened for the 10 distribution
companies created from the unbundling of the Power Holding Company of Nigeria, known as PHCN.
The National Council on Privatisation, after a meeting presided over by its chairman, Vice President Namadi Sambo, approved their eligibility for the exercise billed to hold on October 10 in Abuja.
The meeting approved 10 distribution companies, code-named DISCO, to bid for distribution in Ikeja.
The companies include Honeywell, Oando, Western Consortium, Integrated Energy, Amperion Power Distribution Company Limited, Vigeo Holdings, Gumco, African Corporation AFC & CESC, Kepco/NEDC Consortium, West Power and Gas, and Rockson Engineering Limited.
In the case of Eko DISCO, six companies were pre-qualified comprising Oando, Integrated Energy, Sepco-Pacific Energy Consortium, Honeywell Energy, Kepco/NEDC, and West Power and Gas. Three bidders, Western Consortium, Integrated and Kepco/NEDC Consortium, were approved to bid for Ibadan DISCO.
For Abuja DISCO, Kann Consortium Utility Company Limited and Interstate Electrics Limited made the cut-off mark, while four companies – Rensmart Power Limited, Proglobal Power International Consortium, Interstate Electrics Limited and Eastern Electric Nigeria Limited – were prequalified to bid for Enugu DISCO.
Aura Energy Limited made the cut-off mark to bid for Jos DISCO; Sahelian Power SPV Limited was prequalified for Kano DISCO; Power Consortium and Rockson Engineering Limited were pre-qualified for Port Harcourt Disco; while Integrated Energy was the sole bidder pre-qualified for Yola DISCO.
Four companies were also pre-qualified to have their financial bids opened for Benin DISCO. They are: Southern Electricity Distribution Company, Rensmart Power Limited, Vigeo Power Consortium and Rockson Engineering Limited.
- Nigeria Energy Intelligence