The Federal Government is set to privatise the 10 independent power plants built by the Niger Delta Power Holding Company (NDPHC) under the National Integrated Power Project (NIPP).
Mr. James Olotu, Managing Director, NDPHC, made this known at an interactive session with journalists in Lagos.
The power plants are: Omotoso in Ondo State (450MW), Sapele in Delta (450MW), Geregu in Kogi (434MW), Olorunsogo in Ogun (750MW) and Ihovbor in Edo (450MW).
Others are Gbarain in Bayelsa (225MW), Alaoji in Abia (450MW), Calabar in Cross River (561MW), Egbema in Imo (338MW) and Omoku in Rivers (225MW).
Olotu explained that a road show to indicate the commencement of the exercise would start in Lagos from Tuesday, June 4 to June 5 with 40 investors.
He said that the road show would be extended to United Kingdom, United States and Hong Kong.
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