PSALM Opens Bidding for Leyte Geothermal Plant Contracts (Manila Standard Today)
Power Sector Assets and Liabilities Management Corp. (PSALM) has opened the bidding for the independent power producer administrator of the bulk capacity of the Unified Leyte geothermal power plants.
PSALM, in a published invitation to bid, said interested parties should submit letters of interest by March 24.
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.
PSALM president Emmanuel Ledesma Jr. earlier said the independent power producer contracts up for bidding were slated in the second semester.
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