PSALM to bid out bulk capacity of Unified Leyte geothermal plants, Philippines
Leyte geothermal plant, Philippines (source: video snapshot, CNN Money)
Alexander Richter
12 Mar 2015
PSALM published an invitation to bid stating that Expressions of Interest should be submitted by March 24.
Local news from the Philippines state that PSALM, “the Power Sector Assets and Liabilities Management Corp. has opened the bidding for the independent power producer administrator of the bulk capacity of the Unified Leyte geothermal power plants.”
PSALM published an invitation to bid stating that Expressions of Interest should be submitted by March 24.
The same source states that the agency, in charge of privatizing the assets of state-run National Power Corp., said the bidding procedures would be issued from March 30 to April 15. The pre-bid conference is set on May 6 while the bid submission deadline is on Aug. 12 at 12 noon.
It is worth mentioning that “PSALM privatized the bulk energy of the Unified Leyte Power Plants in November 2013, but the privatization process came to a halt because of the damage suffered by plants from typhoon Yolanda.”
Source: Manila Standard Today
