All posts tagged "phcn privatization"
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Electricity Reforms May Be Fizzling Out
The vigour with which the Federal Government initially pursued its electricity reforms may be fizzling out. The expectation of stable electricity supply is now giving way to the fear that not much should be expected from the...
- Posted November 9, 2012
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PHCN Workers Move To Disrupt Electricity Supply in the Country
The union leaders of Power Holdings Company of Nigeria (PHCN) have begun to assemble its workers to disturb efforts by investors who want to take over the company. This development was revealed by the President of...
- Posted November 1, 2012
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PHCN Assets Sale: 14 Companies Progress to the Next Stage
The 14 preferred bidders for the Power Holding Company of Nigeria (PHCN) were approved on Monday by the National Council on Privatization (NCP) in the ongoing privatization programme. After the sixth meeting for the year, the NCP, in Abuja named...
- Posted October 30, 2012
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Stakeholders Troubled over the Fate of Privatized PHCN Firms
Troubled Stakeholders have called on the Bureau of Public Enterprises (BPE) and the National Council on Privatisation (NCP) to make sure that bidders who came out as winners of the privatisation process in the power sector are...
- Posted October 18, 2012
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Honeywell, Oando, Vigeo others Shortlisted for PHCN DISCOs
The National Council on Privatization (NCP) met yesterday to discuss the bids submitted by several companies for the electricity distribution companies across the country. The NCP shortlisted 21 firms for 10 of the distribution companies up for sale. No...
- Posted September 19, 2012
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Privatization Council to Take Decision on DISCO bidders Today
The National Council on Privatization is expected to shortlist the 54 companies bidding for the 11 power distribution companies in Nigeria. Some of the companies that are involved in the bid process include Honeywell Energy, Oando, Rockson...
- Posted September 13, 2012
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Oando, Honeywell, Chrome, 50 Others Bid for Power DISCOs
Several blue-chip Nigerian companies have bid for the 11 Power Distribution companies (DISCOs) slated for privatization by the Federal Government. The companies met the deadline for submission of their technical and financial proposals which came up yesterday....
- Posted August 1, 2012
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BPE Postpones PHCN Privatization
The Bureau of Public Enterprises (BPE) has rescheduled the sale of the 17 PHCN successor companies till October 2012. This marks the second time the Bureau will postpone the sale, as they were originally slated to be...
- Posted February 21, 2012
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BPE Shortlists 15 Indian Companies to Participate in PHCN Privatization
According to the Economic Times of India, 15 Indian firms have been shortlisted by the Bureau of Public Enterprises (BPE) to purchase the successor companies of the Power Holding Company of Nigeria (PHCN). The successor companies will...
- Posted January 26, 2012