October 2, 2018 | 10:55 pm
POWER SECTOR Assets and Liabilities
Management Corp. (PSALM) said it declared Soosan ENS Co., Ltd. the lone bidder
for Malaya thermal power plant’s operation and maintenance service contract.
“Last week there was a bidding, and
there was a winning bidder, but of course it’s subject to post qualification
requirements,” Irene Joy B. Garcia, PSALM president and chief executive, told
reporters on the sidelines of a Senate energy meeting.
The South Korean company bid for the
one-year service contract for the 650-megawatt (MW) power plant with an offer
of P208.74 million.
PSALM said in a statement that the
bid is within the approved budget amounting to P213 million.
The agency, which handles the
privatization of the government’s energy assets, said based on the Implementing
Rules and Regulations of Republic Act 9184, also known as Government
Procurement Reform Act, Soosan ENS needs to undergo post-qualification
evaluation before the contract can be awarded.
“We’re doing the post-qualification
now,” Ms. Garcia said.
PSALM is managing the Malaya thermal
power plant through an operations and maintenance service contract.
The plant, which is located in
Pililla, Rizal, is a must-run facility. A must-run plant is compelled to run
and provide the needed power as deemed necessary to ensure reliability of
supply in the Luzon grid, especially in times of power shortfall, system
security and voltage support. — Victor V. Saulon
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