Four Groups Compete to Run Unified Leyte Geothermal Power (GMA News)
Four groups are interested in running the day-today affairs of the Unified Leyte Geothermal Power Plants, The Power Sector Assets and Liabilities Management (PSALM) Corp. said on Monday.
The four investor groups have accomplished the requirements to bid in the selection and appointment of an Independent Power Producer Administrator for the bulk energy of the power plant complex, according to PSALM.
The investors vying for Unified Leyte include SPC Power Corporation, Therma Central Visayas Inc., Trans-Asia Oil and Energy Development Corporation and Unified Leyte Geothermal Energy Inc.
PSALM will have a pre-bid conference for the four prospective bidders on May 6. The bidding and bid evaluation for the Unified Leyte Geothermal Power is on August 12.
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