(The Philippine Star) | Updated January 8, 2017 - 12:00am
MANILA, Philippines –
State-run Power Sector Assets and Liabilities Management Corp. (PSALM) is
seeking offers for P686 million worth of fuel requirements to run the
government-owned Malaya Thermal Power Plant this year.
In a notice, PSALM said
it is bidding out a one-year contract for the supply and delivery of industrial
fuel oil for the 650-megawatt (MW) Malaya plant.
The state-run firm has
approved a budget of P686.41 million for the contract.
The auction will be
conducted through open competitive bidding procedures using a non-discretionary
“pass or fail” criterion.
PSALM has set a pre-bid
conference on Jan.6 for interested parties who will need to purchase bidding
documents from PSALM and pay a non-refundable fee of P75,000.
Interested parties are
required to make their respective offers on or before 10 a.m. on Jan.18.
PSALM said it reserves
the right to accept or reject any bid, to annul the bidding process, and to
reject all bids at any time prior to contract award, without thereby incurring
any liability to the affected bidder or bidders.
PSALM, formed by the
2001 Electric Power Industry Reform Act, is the state firm in charge of
privatizing government power assets as well as managing National Power Corp.’s
power plants and debt. It buys the fuel requirements of state-owned power
plants.
The 650-MW Malaya
plant, located in Rizal, is being eyed to run during the Malampaya shutdown
from Jan. 28 to Feb.16, 2017, Department of Energy (DOE) Undersecretary Felix
William Fuentebella said earlier.
During the Malampaya
shutdown, the Luzon grid will lose around 1,850 MW in capacity as some plants
using natural gas will run on diesel and run at a derated capacity, while three
power plants namely the 200-megawatt Calaca Unit 1, 456-MW Quezon Power
Philippines Ltd. Co. plant and the 600-MW Ilijan Block 1 will be on scheduled
shutdown during that time.
Managed by PSALM, the
power plant was designated as a must-run unit (MRU) by the DOE to address
supply deficiency when operating power plants in the grid suddenly bog down or
become unavailable.
It will operate as an
MRU until the DOE finalizes its privatization schedule.
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