Bloomberg News

Tata, Dangote, Essar Among Bidders for Nigeria Power Companies

June 06, 2011

June 6 (Bloomberg) -- Dangote Industries Ltd., Tata Group and Essar Group of India are among companies shortlisted to buy Nigeria’s state-owned power companies, the Bureau of Public Enterprises said in a statement in the Lagos-based ThisDay newspaper today.

The agency shortlisted 525 bids for the sale of 11 state- owned electricity distributions companies and six generation companies, it said on June 1.

To contact the reporter on this story: Elisha Bala-Gbogbo in Abuja at ebalagbogbo@bloomberg.net

To contact the editor responsible for this story: Gordon Bell at gbell16@bloomberg.net


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