PSALM sets bidding for fuel requirements of power barges

15 May 2013

The Power Sector Assets and Liabilities Management (PSALM) Corporation has launched the bidding for the procurement of industrial fuel oil (IFO) for Power Barges (PB) 101-104 through the publication of an Invitation to Bid (ITB) on Wednesday, 15 May 2013.

"The continuous operation of these barges will help augment the grid power requirements especially during peak hours," said PSALM President and Chief Executive Officer Emmanuel R. Ledesma, Jr.

The ITB indicates that PB 101, 102 and 103 will each need 3,840,000 liters of IFO, while PB 104 will require 10,180,000 liters. The combined Approved Budget for the Contract (ABC) for the supply and delivery of the IFO requirements of the four barges is PhP685.51 million (PhP685,513,594.00).

The IFO requirements of PB 101 have an approved ABC of PhP120.8 million (PhP120,797,599.00); PB 102, PhP120.8 million (PhP120,797,599.00); PB 103, PhP122 million (PhP122,002,683.00); and PB 104, PhP321.9 million (PhP321,915,713.00).

PSALM requires prospective bidders to pay a nonrefundable fee of PhP50,000.00 for each procurement project as a requisite for eligibility and issuance of the bidding documents which will be issued beginning Wednesday, 15 May 2013, at the PSALM main office in Makati City. The documents can also be downloaded from the Philippine Government Electronic Procurement System (PhilGEPS) or from the PSALM website (

PSALM will hold the pre-bid conference for the procurement projects on 22 May 2013, starting at 10:30 a.m., at its main office.

Deadline for the submission of bids for the IFO requirements is on 05 June 2013 at 10 a.m., to be followed by the opening and evaluation of the offers at 10:30 a.m.

PSALM recently announced that its board of directors has granted the commencement of another round of bidding for the power barges in the second semester this year. The barges will be sold on an "as is, where is" basis, with PBs 101-103 being sold as one package and PB 104 as another package.

Commissioned in 1981, PBs 101 and 102 are currently moored at Bo. Obrero, Iloilo City, while PBs 103 and 104, which were commissioned in 1985, are moored at Botongon, Estancia, Iloilo, and at the Holcim Compound, Ilang, Davao City, respectively.

PBs 101, 102, 103 and 104 are nominal 32-megawatt (MW) barge-mounted bunker-fired diesel generating power stations that consist of four identical Hitachi-Sulzer diesel generator units rated at 8 MW each.

Strategic Communications and Partnership Division
Tel. No. (632) 9029067