PSALM opens auction for fuel supply

THE Power Sector Assets and Liabilities Management Corp. (PSALM) is inviting prospective bidders to supply and deliver the oil-based fuel requirements of seven power facilities.

In a statement, PSALM said these seven power facilities include the 149-megawatt (MW) Naga power plant complex, the 55-MW bunkerfired power facility of Southern Philippines Power Corp. ( SPPC), the 100-MW diesel plant of Western Mindanao Power Corp. (WMPC), and power barges ( PB) 101, 102, 103 and 104.

The PSALM board approved a P10.6 billion budget for the said plants’ year-round fuel supply.

PSALM, which is tasked to oversee the privatization of National Power Corp.’s assets as well as to manage the latter’s finances, set a pre-bid conference for the fuel supply for interested bidders on Feb. 7, 2012 at the agency’s Makati office.

PSALM will discuss with the bidders the salient provisions of the bidding exercise, including the supply of industrial fuel oil (IFO) for the power plants.

For its IFO requirements, PSALM will need 5,950 kiloliters (kl) for PB 101, 6,830 kl for PB 102, and 5,960 kl for PB 103 all moored in Iloilo city; 18,550 kl for the Davao City-based PB 104; 55,600 kl for SPPC’S power station in Sarangani; 101,500 kl for WMPC’S power facility located in Sangali, Zamboanga; and 92,390 kl for the Naga power plant complex.

The deadline for the submission of bids is on Tuesday, February. 21, 10 a.m. at the PSALM office.

The bid opening will commence at 10:15 a.m. Bidders will have the option to bid for any or all plants. Evaluation of bids and award of contract will be undertaken on a per plant basis.