Wednesday, December 9, 2015

Sucat plant sale draws 10 bidders



by Madelaine B. Miraflor December 8, 2015

Only 10 interested companies have participated in the government’s bidding of the 850-megawatt (MW) Sucat Thermal Power Plant (STPP), which has four generating units that had been decommissioned in years 2000 and 2002
“Ten of 12 prospective bidders participated in the pre-bid conference for the second round of bidding for the structures, plant equipment, auxiliaries and accessories of the decommissioned 850-MW STPP,” Power Sector Assets and Liabilities Management (PSALM) Corporation said on Tuesday.
In 2014, the plant, which is located in Muntinlupa City, had undergone a failed bidding process because of alleged fake documents submitted by the highest bidder.
It was just early last month when state-run PSALM started the rebidding process for STPP, giving interested bidders until November 23 for the privatization of the Sucat facility.
PSALM scheduled the auction for the Sucat thermal power facility on February 15 next year.
In its invitation to bid, PSALM specifically prescribed that the facility’s site shall be made ready for a greenfield gas plant by 2018, stressing that such timeframe has been harmonized with the proposed implementation of the Batangas-Manila (BatMan) high pressure gas pipeline project that is underpinned by state policy.
“The disposal of the STPP is in support of the DOE’s [Department of Energy] natural gas master plan,” PSALM president Lourdes Alzona said in an earlier report.
“The disposal and site cleanup is synchronized with the Master Plan schedule which indicates that the STPP land should be available by mid-2018 for the construction/operation of a combined cycle gas turbine power plant,” she added.

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