Seven firms scale technical bids for power plants - BPE
Friday, 24 August 2012 14:29 Tony Ailemen
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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.

This is just as Mainstream Energy Solution Limited was announced as the preferred for the Kainji Power Plant, while Shiroro Power Plant has North South Power Company Limited as the preferred bidder to proceed to the financial bid stage.

"They will proceed to financial bid opening but they will have to make some submissions, including security before the financial bidding".

NCP said it will notify the successful companies on the requirement of what they have to put up as regards security before coming for the financial bid opening.

The financial bid opening has been scheduled for the 25th of September to give them enough time to prepare for the next stage.

"Some of them may have to travel here and in accordance with the tradition of BPE and in the spirit of transparency, the financial bid opening will be televised".

He further assured that the final bid opening will be televised live on national stations to buttress the transparent process that has trailed the exercise from the beginning.

Peterside disclosed that among the criteria were used to evaluate the firms include technical expertise, financial strength.

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does transcorp have the expertise on generation of power or any aspect of power?