01 Feb 2011
Pilipinas Shell Petroleum Corp., and Petron Corp. were declared the winners in the bidding successfully conducted by the Power Sector Assets and Liabilities Management (PSALM) Corporation for its 2011 oil-based fuel requirements and for the requisites of its independent power producer plants and barges.
The resolution issued by PSALM's Bids and Awards Committee on Fuel (BAC-Fuel) indicated that Petron submitted the Lowest Calculated Responsive Bid (LCRB) for the industrial fuel oil (IFO) requirements of the Iloilo-based Power Barge (PB) Nos. 101, 102, and 103, while Shell presented the LCRB for the Naga Plant Complex in Cebu.
For PSALM's industrial diesel oil (IDO) requirements, Petron submitted the LCRB for PB Nos. 101, 102, & 103, Davao City-based PB 104, Malaya TPP, Naga Power Plant Complex, Southern Philippines Power Corp. (SPPC) located in Sarangani, and Western Mindanao Power Corp. (WMPC) based in Zamboanga Province.
Petron offered a total of PhP1.13 billion (PhP1,127,416,837) for the supply and delivery of the aggregate 44,587-kiloliter (kL) IFO requisite of PB Nos. 101, 102, and 103. Shell, on the other hand offered PhP1.89 billion (PhP1,884,871,436) to supply the 68,264-kL IFO needs of the Naga Power Plant Complex.
Petron also offered a total of PhP490 million (PhP489,773,671) to supply and deliver the IDO requisites of Malaya TPP, Naga Power Plant Complex, SPPC, WMPC, and PB Nos. 101, 102, 103 and 104 totaling 15,192 kL.
All bids of Shell and Petron, which underwent the post-qualification process, fell within PSALM's approved budget for the contract as stipulated in its 2011 Corporate Operating Budget.
The bidding for the diesel oil requirement of the Batangas-based Ilijan Natural Gas Combined Cycle Power Plant failed since no bid was submitted on the scheduled date, while bids for the industrial fuel oil requirements of Malaya TPP are still in the post-qualification stage.
PSALM conducted the bidding for the oil-based fuel requirements of the various power plants at its central office in Makati City on 12 January 2011 wherein four bidders participated.
The Invitation to Bid was published last 14 December 2010.
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