01 Dec 2009
The bidding for the appointment of independent power producer administrators (IPPAs) to manage the National Power Corporation's contracted capacities in the Bakun, Benguet, and San Roque hydroelectric power plants will be conducted on Tuesday, 15 December 2009, with nine bidders expected to participate in the exercise.
The Power Sector Assets and Liabilities Management (PSALM) Corporation stated that the bidding was moved from its earlier initial schedule of 11 November 2009 schedule in deference to the request of the bidders.
To be bid out are National Power's contracted capacities in the 70-megawatt (MW) Bakun Hydroelectric Power Plant, the 30-MW Benguet Mini-Hydro power plants, and the 345-MW San Roque Multipurpose Hydroelectric Power Plant, all of which are located in Northern Luzon.
The Bakun plant is located in Alilem, Ilocos Sur, the Benguet mini-hydro facilities lie in the Cordillera Administrative Region province, while the San Roque hydro plant is based in San Manuel, Pangasinan. The Bakun and Benguet contracts will be bid out as one package.
As previously announced, the participating bidders have to bid for all these hydro power facilities and can win as many as they can. Bidders who will submit an offer for only one of the contracted capacities will be disqualified. Also a joint bid for any of the contracted capacities will not be authorized.
PSALM rules state that a qualified bidder may be declared the winning bidder for any one or all of the contracted capacities.
Strategic Communications and Partnership Division |