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Privatisation: Peterside explains use of ATC & C for bidders

At the opening of Financial Bids for Kaduna Distribution Company (DISCO) and Afam Generation Company (Genco) which held on July 31, 2013 in Abuja, Northwest Power Ltd had the highest Aggregate Technical Commercial and Collection Loss reduction (AT&C) of 29.26 % with respect to Kaduna Disco while Taleveras Group emerged the preferred bidder for Afam Genco with an offer price of $260,050,000.

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Steady power supply: Will privatisation do the magic?

The joint effort of the three tiers of government to increase power generation, transmission and distribution capacities on a significant scale through the National Integrated Power Projects (NIPP) enters its final lapse as the government offers the 10 power generating plants built by the Niger Delta Power Holding Company Limited (NDPHC) for sale to investors.

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