Monday, April 30, 2018

PSALM solicits bids to operate Malaya thermal power plant


By Lenie Lectura - April 25, 2018

THE Power Sector Assets and Liabilities Management (PSALM) Corp. is soliciting bids for the operation and management (O&M) of the Malaya Thermal Power Plant pending the facility’s privatization.
“PSALM now invites bids for the procurement of the OMSC or the Operation and Management Service Contract for the 650-megawatt [MW] Malaya thermal-power plant. Delivery of goods and services is required for one year upon effectivity of the contract,” the bid invite said.
PSALM intends to apply P264 million as the approved budget for the contract (ABC) for the OMSC to procure the O&M for the Malaya plant.
The bidder, PSALM said, must have completed a single contract similar to the project. The value is adjusted, if necessary, by the bidder to current prices using the Philippine Statistics Authority consumer price index, and must be at least 50 percent of the ABC.
A contract similar to the project involves services of a similar nature and complexity as to the operation and maintenance of either diesel, oil or coal-fired power plant.
Bidding will be conducted through an open competitive bidding process using a nondiscriminatory pass/fail criterion.  It will be held on May 15, with a pre-bid conference scheduled on May 2.  Interested bidders can already purchase the bidding documents.
Situated in Pililia, Rizal province, the Malaya plant was rehabilitated in 1995 by the Korea Electric Power Corp. under a 15-year rehabilitate-operate-manage-maintain agreement. It consists of a 300-MW unit with a once-through type boiler and a 350-MW unit fitted with a conventional boiler.
Malaya currently serves as a security plant as it was designated as a Must Run Unit (MRU) meant to address any instability or supply deficiency that may occur as a result of sudden unavailability of any operating power plants in the grid.
The MTPP will continue operating as an MRU until it is privatized.

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