The ten firms prequalified and approved by the National Council on Privatisation will on Wednesday July 31, 2013 fight for the right to acquire majority stakes in two electricity firms, Afam Power Plc and Kaduna Electricity Distribution Company. Afam Power Plc and Kaduna Distribution Company are two of the 18 successors companies carved out of the Power Holding Company of Nigeria Plc and are scheduled for sale to private sector operators.
 
Axis Power Distribution Limited, NAHCO Consortium, INCAR Consortium, Aiteo Consortium, LEDA Consortium, Northwest Power Limited and Copperbelt Consortium have been pre-qualified for Kaduna Disco by the NCP chaired by Vice-President Namadi Sambo. Primeniza Energy Limited, TES Power Limited and Taleveras Group were pre-qualified for Afam, while Foby Energy Limited was disqualified.

The eventual winner will have to pay 60 per cent of the asset worth of the company as determined earlier by the Nigerian Electricity Regulatory Commission. It will pay 60 per cent because the Federal Government is selling only that, while retaining 40 per cent equity in the company. The Afam Power Plc and Kaduna Electricity Distribution Plc were among the 17 PHCN successor companies that were earlier advertised for sale in December 2010, and both, along with the others, went through a tender process that culminated in the submission of technical and financial proposals in July 2012.