Nigeria: BPE Receives 25 Percent Bid Value On Afam Genco, Kaduna Disco

11 February 2014

The Bureau of Public Enterprises (BPE) on Tuesday disclosed that two of the preferred bidders for the 726 megawatts (MW) Afam Generation Company and Kaduna Distribution Company have paid their mandatory 25 per cent initial down payment for acquisition of the assets to it.

The Director General of BPE, Benjamin Dikki told reporters of the new development at the sideline of a technical meeting convened by the Nigerian Bulk Electricity Trading Company (NBET) to address extant issues pertaining to the eventual operationalisation of trading instruments in the emerging Nigerian Electricity Supply Industry (NESI).

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