Bids for the 10 National Integrated Power Project plants owned by the Niger Delta Power Holding Company Limited will close today (Friday) in Abuja, the Managing Director of the company, Mr. James Olotu, has said.
Olotu said on the sidelines of the inauguration of the 1/15 Mega Volte Ambient transformers in seven locations in Lagos on Thursday, that the bids would be closed on Friday, while the opening would begin on Monday.
This, he said, would lead to the ascertaining of the preferred and reserved bidders for the 10 power plants.
Olotu said, “We will close the bids from transaction on Friday, while we will commence evaluation on Monday. We will set up an evaluation committee comprising technicians, engineers, lawyers, EFCC and the SSS, while the Ministry of Power and the Nigerian Electricity Regulatory Commission will supervise the process.
“Other parties involved in the evaluation will include the World Bank and the international community, and the parties will only take two weeks before reporting back to the board of the NERC.”
He, however, gave an assurance that the NDPHC management would in January 2014 announce those who won the bids, while the handing over of the NIPP stations to the successful bidders would take place in July 2014.
The Federal Government had in August shortlisted 386 firms for the bidding process.
The NDPHC and the National Council on Privatisation had said 82 submissions by the shortlisted firms were picked by the Joint Evaluation Committee from about 110 received at the close of bidding.
The breakdown of the shortlisted firms, according to the NCP, shows that 46 consortia were for the Bariam Power Plant; 44 for Benin; 42 for Omotosho; 41 for Egbema; 41 for Omoku and 39 for Geregu.
Information from Punch was used in this report.