OREANDA-NEWS. February 18, 2011. Power Grid Corp. of India Ltd, the nation`s biggest transmission company, said its bid was the lowest among three for management of Nigeria electricity grid. We had been shortlisted two to three years back but there had been delays and now we have been named the lowest bidder, Power Grid Chairman S.K. Chaturvedi said on Tuesday.

Our team has gone to talk over the details. We are starting with operations and management and will talk about helping them add to their grid in the future. Ireland ESB International, Manitoba Hydro Electric Board of Canada and Power Grid were shortlisted in 2007 to manage Nigeria electricity network before the government suspended plans to sell the state power monopoly. Nigeria sought fresh bids in September.