Bidding for Unified Leyte plants to be held Nov 7-8, 2013
Tongonan, Leyte Geothermal power plant, Philippines
Alexander Richter
1 Nov 2013
The Philippines Power Sector Assets and Liabilities Management Corp. (PSALM) will start the bidding process for the Unified Leyte geothermal contracts November 7-8, 2013. Currently about 10 companies have announced an interest in the bidding.
The Philippines Power Sector Assets and Liabilities Management Corp. (PSALM) will start the bidding process for the Unified Leyte geothermal contracts November 7-8, 2013, so news from the Philippines today..
Representatives of PSALM announced the postponement of the bidding from October to the first week of November in order to give bidders more time to prepare.
PSALM reports that 21 companies expressed interest to administer the power capacity of the Unified Leyte geothermal power complex in Tongonan, Leyte.
The power contracts consisted of two packages: bulk energy and strips of energy. It said 10 companies were interested to become the administrator of the 340-MW bulk energy of the Unified Leyte power plant.
These 10 companies are Aboitiz Renewables Inc., DMCI Power Corp., FDC Utilities Inc., Global Business Power Corp., Marubeni Corp., Philippine Associated Smelting and Refining Corp., PowerOne Ventures Energy Inc., Trans-Asia Oil and Energy Development Corp., Unified Leyte Geothermal Energy Inc. and Vivant Energy Corp.
Meanwhile, other parties, including private power firms, industrial corporations and electric cooperatives are participating in the selection for the administrator of the strips of energy ranging from 1 MW up to a maximum of 40 MW.
A total of 200 MW of strips of energy will be offered to prospective investors.
These are Aboitiz Energy Solutions Inc., AC Energy Holdings Inc., APO Cement Corp., DMCI Power, Emerging Power Resource Holding Corp., Filinvest Utilities, Global Business Power, Good Friends Hydro Resources Corp., Leyte II Electric Cooperative Inc., LIDE Management Corp., LIDE-PASAR Power Corp., Marubeni Corp., Negros Occidental Electric Cooperative Inc., Pasar, Philippine Phosphate Fertilizer Corp., PowerOne Ventures, Renagmec Power Corp., Trans-Asia, Unified Leyte Geothermal, Vivant and Waterfront Airport Hotel & Casino.”
Source: Manila Standard
