Korean firm bids for operation of Malaya thermal power plant

By Lenie Lectura – October 3, 2018
from Business Mirror

SOOSAN ENS Co. Ltd. of Korea is the lone bidder for the one-year operation and maintenance service contract (OMSC) for the 650-megawatt (MW) Malaya thermal power plant (TPP).

The Power Sector Assets and Liabilities Management Corp. (PSALM) said Soosan ENS submitted a bid offer of P208.74 billion for the contract of Malaya TPP.

The bid offer is within the approved budget for the contract amounting P213 million.

Per the implementing rules and regulations of Republic Act 9184, also known as Government Procurement Reform Act, Soosan ENS needs to undergo post-qualification evaluation before the contract can be awarded.

The OMSC contract is good for one year.

The Malaya TPP is being managed by PSALM through an OMSC. Located in Pililla, Rizal, the Malaya TPP was designated as a must-run unit (MRU) by the Department of Energy in 2014.

As an MRU, it is compelled to run and provide the needed power supply as deemed necessary in order to ensure reliability of power supply in the Luzon grid, particularly in times of supply shortfall, system security and voltage support.

In 1995 it was rehabilitated by Korea Electric Power Corp. under a 15-year rehabilitate-operate-manage-maintain agreement.