11 Nov 2014
The Power Sector Assets and Liabilities Management (PSALM) Corporation has been tasked by the Department of Energy to engage in exploratory discussions with companies for the purchase or lease of generator sets as a measure to address the anticipated power crisis in the summer months of 2015. Section 71 of Republic Act No. 9136, the Electric Power Industry Reform Act of 2001 (EPIRA), provides:
"Section 71. Electric Power Crisis Provision - Upon the determination by the President of the Philippines of an imminent shortage of the supply of electricity, Congress may authorize, through a joint resolution, the establishment of additional generating capacity under such terms and conditions as it may approve."
For the past months since President Benigno Aquino III asked Congress for the authority to establish additional generation capacity under the EPIRA, PSALM has been receiving several letters of intent and accommodating requests for meetings from these potential contractors.
In the interest of transparency, PSALM discloses hereunder the list of companies that have expressed their willingness to address the government's need, in one way or another:
- Aaltaphil Inc.
- Aggreko Pte. Ltd.
- APac Energy Rental Pte. Ltd.
- APR Energy
- ATN Philippines Solar Energy Group, Inc.
- Cinta Asia (Singapore) Pte. Ltd.
- Energreen Technology, Inc.
- Enertech Systems Industries, Inc.
- General Electric Company
- Guangxi Hydroelectric Construction Bureau
- Horizon Synergy, Co., Ltd.
- Itochu Corporation
- Jeongan Electric Company, Ltd.
- JS Philippines Global Corporation
- Novo-Gapmec Power Philippines, Inc.
- PT Sumberdaya Sewatama - Power Solution Provider
- Philman Corporate Distribution
- Ring Power Corporation
- Siemens, Inc. Philippines
- SO Energy, International Inc.
- Third Millennium Holdings Corporation
Strategic Communications and Partnership Division |