May 10, 2018 | 9:39 pm
STATE-RUN
Power Sector Assets and Liabilities Management Corp. (PSALM) has approved a
budget of P264 million for the one-year contract to operate and maintain the
650-megawatt (MW) Malaya Thermal Power Plant.
PSALM said the
operation and maintenance (O&M) service contract will be awarded via a
competitive bid open to local and foreign bidders, subject to eligibility
conditions.
“To date, eight
companies have expressed interest, three of which bought bid documents,” the
agency said in a statement.
It said a pre-bid
conference was held on May 2 to give interested bidders “the opportunity to
clarify any concerns they have on the bidding documents, the scope of work and
other details” relating to the contract.
The eligibility
conditions are provided in the Implementing Rules and Regulations of Republic
Act No. 9184, also known as the Government Procurement Reform Act.
PSALM said to clarify
queries from bidders, the deadline for submission of bids had been moved to May
30, after close of which the opening of the bids will start at 10:15 a.m.
“This extension will
encourage and provide bidders ample time to secure bid documents at the PSALM
office in Diliman, Quezon City,” PSALM said, adding that a nonrefundable fee of
P50,000 is required.
The Malaya power plant
is being managed by PSALM through an operation and maintenance service
contract. The current operator of the power plant is STX Marine Service Co.
Ltd. whose contract will expire on Aug. 24.
It was rehabilitated in
1995 by Korea Electric Power Corp. under a 15-year
rehabilitate-operate-manage-maintain agreement.
The plant in Pililla,
Rizal was designated in 2014 as a “must-run” unit by the Department of Energy.
A must-run plant “is
compelled to run and provide the needed power supply as deemed necessary to
ensure reliability of power supply in the Luzon grid, especially in times of
supply shortfall, system security and voltage support,” PSALM said. — Victor
V. Saulon
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