PSALM reports interest of 6 firms for Unified Leyte Plant contracts
Tender for supply contracts for the Unified Leyte plants includes the 125 MW Upper Mahiao, 232.5-MW Malitbog, 180-MW Mahanagdong and 51-MW Optimization plants.
In the Philippines, a recent push to sale supply contracts for the output of the Unified Leyte Geothermal Power Plant (ULGPP) is getting growing interest. Local news detail that: The Power Sector Assets and Liabilities Management (PSALM) Corp. is bidding out the selection and appointment of an independent power producer administrator (IPPA) for ULGPP’s bulk output.
For the ULGPP bulk privatization, PSALM President and CEO Emmanuel R. Ledesma Jr. said in a text message that six companies have expressed their interest to participate in the bidding process.
“However, out of the figure, only four prospective bidders paid for participation fee and executed confidentiality agreement and undertaking,” Ledesma said.
The ULGPP consists of the 125 MW Upper Mahiao, 232.5-MW Malitbog, 180-MW Mahanagdong and 51-MW Optimization plants.
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Source: Business Mirror