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What does PHCN stand for?

PHCN stands for Power Holding Company of Nigeria

This definition appears very frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

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We have 1 other meaning of PHCN in our Acronym Attic

Samples in periodicals archive:

Most industries in the region have become extinct due to poor power supply by the Power Holding Company of Nigeria, PHCN, and hence building a model combined power plant such as this one in Aba was not only a good business initiative, but also a key step to save the economy of the South East region from total downfall.
Some analysts believe the National Council of Privatisation (NCP), the apex body in charge of privatisation matters, was quite professional in its handling of the matter, which they noted was the result of the technical evaluation it carried out for the 25 bids for the six generation companies created from the unbundling of the Power Holding Company of Nigeria (PHCN).
Two main agreements were signed between companies including Royal Dutch Shell, Total, Chevron and Agip with the Nigerian National Petroleum Corporation (NNPC) and the Power Holding Company of Nigeria (PHCN).
Entrepreneurs in Aba will be ensured by the plant and environs can produce goods at full capacity and at a reduced cost and it will be commissioned at the end of the year he said I m aware that there are well over 60,000 shoe makers in Aba but they have challenges of producing at full capacity because of irregular supply of electricity, adding that as soon as the new plant is commissioned , Power Holding Company of Nigeria (PHCN) would switch off in the area because the new plant will be able to generate sustainable electricity for 365 days yearly.
Beside these two recent visits, which reflect the growing level of confidence that foreign investors have in the ongoing reforms in Nigeria's energy sector in particular, dozens of companies from other countries have declared their intention to invest in the power sector due to the huge opportunities that the privatisation of the nation's electricity body, the Power Holding Company of Nigeria (PHCN), has thrown up for investors.