While it is a fact that power generation is often disrupted by acts of vandalism of gas pipelines and transmission lines, the NDPHC does not offer such incidences as excuses.
The NDPHC has continued to operate these power plants in the interest of the Nigerian economy despite undesirable security challenges and accumulated debt of over N94billion owed it by the electricity market.
The Managing Director/Chief Executive Officer, NDPHC, Mr.
He said, Today marks a milestone in the transaction process that commenced weeks earlier with respect to the 80 per cent shareholding divestment in the power station infrastructure that NDPHC is currently delivering.
At the close of transaction Olotu said, 106 packages were received in the NDPHC headquarters while four were received at the BPE office.
Olotu observed that NDPHC would possibily reveal the successful bidders in January, adding that the transfer of assets will be at a later date.