The Power Sector Assets and Liabilities Management (PSALM) Corporation awarded anew to Korean firm STX Marine Service Co., Ltd. the contract for the Operations and Maintenance Service of the 650-megawatt (MW) Malaya Thermal Power Plant (TPP). The duration of the contract runs from 25 August 2017 until 25 August 2018.
Last 18 August 2017, STX Marine and PSALM held a simple contract signing ceremony at Seda Vertis North, Quezon City, sealing the deal for this new venture. Part of STX Marine’s responsibilities are the day-to-day upkeep, management and maintenance or repair of the power plant and its equipment.
Situated in Pililia, Rizal Province, the Malaya plant consists of a 300-MW unit with a once-through type boiler and a 350-MW unit fitted with conventional boiler.
The Malaya TPP was designated as a must-run unit by the Department of Energy to address supply deficiency when operating power plants in the grid suddenly become unavailable.
Present in the contract signing ceremony are: (L-R) PSALM Vice President-Asset Management Group Mr. Arnold Francisco, PSALM Officer-in-Charge Ms. Lourdes Alzona, STX Chief Executive Officer Mr. Dong Whie Kim, and STX Chief of Plant Division Mr. Byungdu Seo.Back