Govt Readies Auction for Leyte Power Deal (Manila Standard Today)
Power Sector Assets and Liabilities Management Corp. (PSALM) said Wednesday it will hold the bidding for the contract to manage the 440 MWe capacity of the Unified Leyte geothermal power complex in October.
PSALM’s privatization bids and awards committee issued the invitation to interested companies, electric cooperatives, distribution utilities and directly connected power consumers to bid for the selection and appointment of independent power producer administrators for the contracted capacity of Unified Leyte power complex.
The Unified Leyte geothermal power complex, located in the Eastern Visayas region of the Philippines, is composed of several geothermal units in Tongonan, Leyte. These are the 125 MWe Upper Mahiao, 232.5 MWe Malitbog and 180 MWe Mahanagdong power plants and the 51 MWe optimization plants.
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