By | Jan. 08, 2014 at 12:03am
Power Sector Assets and Liabilities Management Corp. has identified the nine power companies that attended the pre-bid conference for the sale of the decommissioned 850-megawatt Sucat thermal power plant in Muntinlupa City.
PSALM held the pre-bid conference Tuesday, where all nine interested parties, including six Filipino and three foreign firms, attended and listened to the bidding procedures and other concerns regarding the sale of the non-generating power asset.
PSALM said the six Filipino companies were Aluminum Recycling Specialist Inc.; Bonapor Metal Contractor Services & General Merchandise; Genetron International Marketing; MZQ Trading; Sta. Clara International Corporation; and VPD Trading.
The three foreign firms were Dutch DDM Demontage BV; Malaysian Gagasan Steel Inc.; and Chinese Sinolink International Enterprise Holdings Limited.
“While PSALM is selling the Sucat plant as a decommissioned power facility, we give equal importance to this bidding exercise, as PSALM judiciously strives to improve the government’s financial position through its privatization,” PSALM president Emmanuel Ledesma Jr. said.
PSALM earlier said all nine prospective bidders had completed the initial requirements of the bid, including the submission of a letter of interest, payment of the P100,000 participation fee, and execution of a confidentiality agreement and undertaking with PSALM prior to their respective deadlines.
“Thank you for your time and interest in this bidding activity, and we look forward to your active participation until our bid submission and evaluation day on March 12,” Ledesma told the interested bidders.
PSALM is selling all plant equipment, structures, auxiliaries and accessories of the Sucat plant on an “as is, where is” basis. source
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