Large number of companies interested in bid for Leyte geothermal contracts

Tongonan, Leyte Geothermal power plant, Philippines

Alexander Richter 29 Ağu 2013

The Philippines Power Sector Assets and Liabilities Management Corp.  (PSALM) reports that there are a large number of companies interested in the independent power producer administrator (IPPA) contract for the “bulk energy,” which would roughly be about 348 MW.

“The prospective bidders, including some of the biggest players in the local energy sector, have showed up in the pre-bid conference for the 588-megawatt Unified Leyte geothermal facilities, so PSALM. 

In a statement, Psalm said 10 companies have expressed interest in the independent power producer administrator (IPPA) contract for the “bulk energy,” which would roughly be about 348 MW.

The state agency identified these firms as DMCI Power Corp.; Aboitiz Renewables Inc.; FDC Utilities Inc. (FDCUI) of the Gotianuns; Global Business Power Corp. of the Metrobank group; Marubeni Corp.; Philippine Associated Smelting and Refining Corp. (Pasar); PowerOne Ventures Energy Inc.; Trans-Asia Oil and Energy Development Corp.; Unified Leyte Geothermal Energy Inc., a wholly owned unit of the Lopezes’ Energy Development Corp.; and Vivant Energy Corp.

Psalm further disclosed that 21 parties, including private power firms, industrial corporations, and electric cooperatives, among others, have expressed interest in IPPA contracts covering “strips of energy” with capacities ranging from 1 MW to 40 MW.

These interested bidders were Aboitiz Energy Solutions, Inc.; AC Energy Holdings, Inc.; APO Cement Corp.; DMCI Power Corp.; Emerging Power Resource Holding Corporation; FDCUI; Global Business Power; Leyte II Electric Cooperative Inc.; and Good Friends Hydro Resources Corp.

Also interested for the strips of energy were LIDE Management Corp.; LIDE-PASAR Power Corp.; Marubeni; Negros Occidental Electric Cooperative Inc.; PASAR; Philippine Phosphate Fertilizer Corp.; PowerOne Ventures Energy Inc.; Renagmec Power Corp. Inc.; Trans-Asia Oil; Unified Leyte Geothermal Energy; Vivant Energy; and Waterfront Airport Hotel and Casino.”

Source: Business Inquirer