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Seven Firms Scale Technical Bids For Power Plants - BPE - Politics - Nairaland

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Seven Firms Scale Technical Bids For Power Plants - BPE by feelamong(m): 4:51pm On Aug 24, 2012
http://www.businessdayonline.com/NG/index.php/news/76-hot-topic/43368-seven-firms-scale-technical-bids-for-power-plants-bpe

Seven firms out of the 25 original bidders have scaled the technical evaluation hurdle to qualify for the financial bids process under the federal government privatization programmes of the five power generation plants across the country.

The successful firms who were allowed to do multiple bidding, will however not be allowed to win more than one of the bids and even if they do, they will eventually be allowed to settle for one as the rules do not allow for a winner to take charge of more than one firm.

Atedo Peterside, member of the National Council on Privatization, NCP stated this Friday while speaking to newsmen after the NCP meeting presided over by Vice President Namadi Sambo, at the Presidential Villa, Abuja.

Phoenix Electricity, Transcorp and Ampiron Power Distribution Limited were listed as successful bidders who scaled the technical evaluation hurdles for the Ughelli Power Plant.

"For Ughelli Power Plant, we have the following bidders who attained the pass mark of 750: Phoenix Electricity, Transcorp, and Ampiron Power Distribution Limited. They are the ones that will proceed to the financial bid opening".

Two bidders scaled the hurdles for the Sapele Power Plant. They include; CMEC Energy and GPN Nestoil Power Services Limited.

The two bidders, he said attained the pass mark of 750 and above to qualify for the financial bid evaluation stage.

Ampiron Power Distribution Company also got the nod to proceed to the financial bid evaluation stage for the Gereku Power Plant.

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