The Federal Government is inviting investors to bid for the concession of a 700 megawatts-capacity Zungeru hydropower plant in Niger State.
The FG, through the Bureau of Public Enterprise, said it was looking for a competent concessionaire to operate, manage and maintain the hydropower plant to ensure it ran effectively for a period of three decades. (30 years).
Two stages are involved in bidding process - the qualification stage and the bid stage.
The agency also set 2pm, November 24, 2022, as the deadline for the Request for Qualification.
According to a document published by the BPE on its website, only shortlisted applicants will be invited to the second phase of the bidding.
The plant is expected to be of a reservoir at an elevation of 230 metres with a powerhouse containing four 175 megawatts turbine/generating units for a total rated output of 700MW.
The project is expected to be commissioned by the first quarter of 2023.