When the selected bidders made the August 2013 final 75% payment for the privatisation of Power Holding Company of Nigeria successor firms, it marked an important milestone in Nigeria’s power sector reform initiative.

The successful consortia included West Power and Gas, the preferred bidder for the Eko distribution company; NEDC/Kepco, the preferred bidder for Ikeja distribution company; 4Power consortium, the preferred bidder for the Port Harcourt distribution company; Vigeo consortium, for Benin distribution company; Aura Energy, for Jos distribution company; Kann consortium, for Abuja distribution company; and Interstate Electrics for Enugu distribution company.

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