(Reuters) - A consortium led by state-run Korea Electric Power Corp. has offered $280 million for a 51 percent stake in Nigeria's 1,320 Megawatts (MW) Egbin power plant, the privatisation agency said on Thursday.
The South Korean-led consortium, which includes Energy Resources Ltd, was the sole bidder at an auction in the capital Abuja for the gas-fired plant located near the commercial city Lagos.
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