Philippines:

Six Firms Interested in Bidding for Unified Leyte Geothermal Power Plant (BusinessMirror)

The sale of supply contracts for the output of the Unified Leyte Geothermal Power Plant (ULGPP) drew strong interest from 6 firms. The Power Sector Assets and Liabilities Management (PSALM) Corp. is bidding out the selection and appointment of an independent power producer administrator (IPPA) for ULGPP’s bulk output.

For the ULGPP bulk privatization, PSALM President and CEO Emmanuel R. Ledesma Jr. said in a text message that six companies have expressed their interest to participate in the bidding process.

“However, out of the figure, only four prospective bidders paid for participation fee and executed confidentiality agreement and undertaking,” Ledesma said.

ULGPP consists of the 125 MW Upper Mahiao, 232.5 MW Malitbog, 180 MW Mahanagdong and 51 MW Optimization plants.

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