Quantcast
Latest Stories

P319-M Naga contract bidding fails

By

STATE-RUN Power Sector Assets and Liabilities Management Corp. declared Friday’s bidding for the P319-million contract to operate and maintain the 146-megawatt Naga power complex in Cebu a failure.

In a text message to reporters, PSALM president and CEO Emmanuel Ledesma Jr. said the government did not receive any offer for the said contract as of the submission deadline on Friday, not even from the lone company that had expressed interest in the contract prior to the bidding.

This is the third bidding conducted by PSALM for the contract to operate and maintain the Naga facilities. The first two, which also failed, were conducted in February and June this year.

Since the bidding falls under the procurement category, PSALM is allowed to proceed with the auction and the awarding of the contract even with only one offer, provided the bid is equal to or lower than the allocated budget and that all other documentary requirements are met.

Left with no other option, PSALM is now looking at extending the contract of SPC Power Corp., which currently maintains and operates the Naga facilities, Ledesma said. The said contract is expiring on Dec. 25 this year.

Ledesma, however, did not disclose how long would the extension be, as the matter had yet to be discussed and approved by the PSALM board.

At present, SPC Power is  in charge of the operation and maintenance of the Naga power plant. Its six-month contract should have expired on Sept. 25, 2012 , but it was extended by another three months.

Prior to that, National Power Corp. and SPC Power had entered into a rehabilitate-operate-maintain-and-manage agreement that expired in March 25 this year.

The Naga complex is composed of three thermal power plants that use a combination of diesel, bunker oil and coal as fuel. These are the coal-fired 50-MW Cebu thermal power plant 1 and 56.8-MW Cebu thermal power plant 2, and the 39-MW Cebu diesel power plant 1.


Follow Us


Follow us on Facebook Follow on Twitter Follow on Twitter


Recent Stories:

Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.

Tags: Business , Naga power complex , power sector , PSALM



Copyright © 2014, .
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94
Advertisement
Advertisement

News

  • Drilon denies involvement in pork scam
  • Complex health care system for California’s elderly and poor explained
  • Malang the croc must regain strength before return to swamp, says mayor
  • Palace: Lacson’s version of Napoles testimony to be evaluated
  • Scientists eye iceberg bigger than Guam
  • Sports

  • Promoters Dela Hoya, Arum in talks for Pacquiao-Alvarez—report
  • Benzema guides Madrid to 1-0 win over Bayern
  • Suns’ Goran Dragic win NBA’s Most Improved Player award
  • Heat go up 2-0, hold off Bobcats 101-97
  • Ronaldo shakes off injury fears to play Bayern
  • Lifestyle

  • Gongs and southern dances star in a workshop at San Francisco Bayanihan Center
  • This woman ate what?
  • Photos explore dynamics of youths’ sexual identity
  • 12th Philippine Food Expo set at the World Trade Center
  • No tourist draw, Malang the croc will remain wild
  • Entertainment

  • Smithsonian wants photos, videos for ‘Day in the Life of Asian Pacific Americans’
  • What Garcia Marquez left behind
  • Has Ai Ai fallen deeply with ‘sireno?’
  • Sony developing live-action Barbie comedy
  • California court won’t review Jackson doctor case
  • Business

  • How ‘one percent’ economic elite was uncovered
  • Facebook profits triple as mobile soars
  • Insular Honors Sales Performers at Testimonial Rites
  • Apple increases stock buyback, will split stock
  • Cost-recovery provisions for affected gencos urged
  • Technology

  • Enrile in Masters of the Universe, Lord of the Rings?
  • Top Traits of Digital Marketers
  • No truth to viral no-visa ‘chronicles’
  • ‘Unlimited’ Internet promos not really limitless; lawmakers call for probe
  • Viber releases new design for iPhone, comes to Blackberry 10 for the first time
  • Opinion

  • Editorial cartoon, April 24, 2014
  • Talking to Janet
  • Respite
  • Bucket list
  • JPII in 1981: walking a tightrope
  • Global Nation

  • Obama to visit Filipino soldiers in Fort Bonifacio
  • Fil-Am youth conferences unite under one theme
  • Embassy advisory: Filipinos still need visas to enter US
  • No travel restriction to Mideast, DFA clarifies
  • PH-HK relations repaired, but families of victims still being courted
  • Marketplace