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NHPC to partner with Dangote to buy Nigerian hydro power assets

11 Oct 2011

Indian state-run hydro power company NHPC will partner with Dangote Industries to acquire power generation assets in Nigeria.


The West African conglomerate has qualified to bid for two hydro power generation assets put on block by Nigeria, the Economic Times reported.

The Government of Nigeria targets to award these power projects - the 600MW Shiroro and the 1,330MW Kainji hydroelectric projects - by February 2012.

Dangote Industries has recently communicated its interest to seek technical expertise of NHPC for next round of bidding for the power projects.