(Reuters) - South Korea's state-run Korea Electric Power Corp. has won a contract to operate Nigeria's 1,320 megawatt Egbin power plant near the commercial capital Lagos, Yonhap news agency reported on Friday.
The gas-fired plant, which has been operating far below its full capacity recently, was offered for privatisation in January, but Yonhap quoted a company official as saying President Olusegun Obasanjo had cancelled that process.
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