Power Sector Assets and Liabilities Management Corp. said Thursday it reopened the selection process for the operator of the 145.8-megawatt Naga power plant complex in Naga City, Cebu.
PSALM set the deadline for submission of bids for the operations and maintenance contract of the Naga complex on June 21 and the pre-bid conference on June 8.
“We are now ready to commence the rebidding for the procurement of the operation and maintenance service contract for the Naga facility after getting the approval of the PSALM board on the project last March,” PSALM president and chief executive Emmanuel Ledesma Jr. said.
PSALM approved a budget of P349 million for the Naga complex operation and maintenance covering one year.
The invitation to bid published on Wednesday said interested parties must have completed a contract similar to the Naga operations and maintenance within five years from the date of submission of bids.
PSALM required prospective bidders to pay a non-refundable fee of P75,000 for the bidding documents.
The agency conducted the first round of bidding for the Naga complex operations and maintenance on Feb. 27. It declared the auction a failure after the bids and awards committee did not receive any offer.
PSALM signed a six-month contract with SPC Power Corp. to ensure the continued operation of the Visayas-based complex after the rehabilitate-operate-maintain-and-manage agreement between National Power Corp. and SPC Power expired on March 25.
The current contract with SPC Power will expire on Sept. 25.
The Naga complex consists of three thermal power plants that use a combination of diesel, bunker C oil and coal as fuel.