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Tuesday, June 26, 2007

 

PSALM sweetens Calaca plant bid


The Power Sector Assets and Liabilities Management Corp. said the supply contract it will attach to National Power Corp.’s Calaca power plant may be similar to that of the Masinloc coal-fired power plant.

“We have yet to agree on the volume of transition supply to be attached to the Calaca. But based on the framework that we’re working on, it will be more or less the same as we did for the Masinloc,” Froilan A. Tampinco, PSALM vice-president for Asset Management and Electricity Trading, said.

The 600-megawatt (MW) Calaca facility is the second coal-fired power plant to be auctioned off by PSALM this year after the 600-MW Masinloc plant, which drew a lot of bidders.

PSALM and Napocor earlier agreed to attach 265 MW or about 50 percent of the 550-MW dependable capacity of Masinloc, which would assure a ready market Calaca’s output. The plan now is to offer almost the same capacity as Masinloc’s in the supply contract for the Calaca plant.

“But it may no longer just be non-Meralco off-takers; it may have to include a portion of Meralco this time,” Tampinco said.

The coal-fired plant in Barangay San Rafael in Calaca, Batangas, consists of two 300-MW generating units, which were commissioned on September 11, 1984 and July 15, 1995. Primarily designed to run as a base-load plant, the Calaca facility can operate as a network-frequency regulating plant at a minimum stable load of 150 MW per unit. Both units are also designed for plant redundancy, which means that one unit can undergo maintenance without affecting the plant’s full output.

PSALM is set to hold the Calaca facility’s prebid Conference with qualified participants on July 18, 2007 at its main office in Makati City.
--Euan Paulo C. Añonuevo

  
 

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