April 17, 2014 8:56 AM ET

Electric Utilities

Company Overview of Benin Electricity Distribution Plc

Company Overview

Benin Electricity Distribution Plc engages in electricity distribution. The company is based in Benin, Nigeria. Benin Electricity Distribution Plc is a subsidiary of Power Holding Company of Nigeria.

No 5 Akpakpava Street

Benin,  

Nigeria

Phone:

234 52 259 532

Fax:

234 52 259 873

Key Executives for Benin Electricity Distribution Plc

Benin Electricity Distribution Plc does not have any Key Executives recorded.

Benin Electricity Distribution Plc Key Developments

National Council Approves Bids For DISCO Companies

The National Council on Privatization (NCP) has approved the bids for Abuja Electricity Distribution Plc, Benin Electricity Distribution Plc, Eko Electricity Distribution Plc, Enugu Electricity Distribution Plc, Ibadan Electricity Distribution Plc, Ikeja Electricity Distribution Plc, Jos Electricity Distribution Plc, Kano Electricity Distribution Plc, Port Harcourt Electricity Distribution Plc and Yola Electricity Distribution Plc. Kann Consortium Utility Company Limited is the preferred bidder for Abuja, Vigeo Power Limited is the preferred bidder for Benin, West Power and Gas Limited and Honeywell Energy Resources are the preferred bidders for Eko Electricity, Echo Group, Inc. is the preferred bidder for Enugu while Eastern Electric Nigeria Limited was approved as the reserve bidder. Aura Energy Limited is the preferred bidder for Jos, Sahelian Power SPV Limited is the preferred bidder for Kano Electricity, 4Power Consortium is the preferred bidder for Port Harcourt and Integrated Energy Distribution And Marketing Limited is the preferred bidder for Yola Electricity. However, the NCP disqualified Southern Electricity Distribution Company for submission of multiple bids for Benin.

TPDDL With Viego Bids For Benin

Tata Power Delhi Distribution Limited (TPDDL) formed two separate consortiums to bid for three power distribution companies (discoms) in Nigeria. Vivek Singla, Senior General Manager of TPDDL said that TPDDL formed a consortium with Viego Holding Limited to place a bid to acquire Benin Electricity Distribution Plc. Singla told PTI, "Both the consortiums have qualified for all three discoms. The total investment in three discoms has been estimated at around $900 million. If our consortiums win the bid, then TPDDL will be the first Indian discom to operate in a foreign country. The winner of the bid will be announced on October 16, 2012. Singla added that TPDDL has the option to acquire up to 51% stake in the consortiums over a period of time. The companies that cleared the technical qualification round include Honeywell International Inc., Integrated Energy Distribution And Marketing Limited, West Power and Gas Limited, Rensmart Power Limited and Rockson Engineering Company Limited.

Four Companies Qualified For Benin Disco

Southern Electricity Distribution Company, Rensmart Power Limited, Vigeo Power Consortium and Rockson Engineering Company Limited are prequalified to have their financial bids opened for Benin Electricity Distribution Plc (Benin Disco) privatized by Power Holding Company of Nigeria. The National Council on Privatization, in a meeting presided over by its Chairman and Vice President, Namadi Sambo, approved the companies eligibility for the exercise billed to be hold on October 10, 2012.

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