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By Euan Paulo C. Añonuevo, Reporter
The state-run power sector privatization arm has
issued an invitation for the sale of two government-owned diesel
power plants, the 146.5-megawatt Panay and 22-megawatt Bohol diesel
power facilities, Power Sector Assets and Liabilities Corp. PSALM
announced in a statement.
The bid date for the facilities is set on
October 28, 2008.
The Power Sector Assets and Liabilities
Management Corp. said the Panay diesel facility consists of the
36.5-megawatt Panay 1 and the 110-megawatt Panay 3 plants, which
were relocated from its Batangas site after the expiration of the
build-operate-transfer contract with Enron Power Development Corp.
in 2003. The plant was transferred to its present location to
prevent a potential near-term power shortage and provide voltage
stabilization on the island of Panay.
The Panay 1 and 3 diesel plants are the only
land-based facilities of state-owned National Power Corp. (Napocor)
on the island. They are peaking plants that provide ancillary
services such as backup power, load following, system frequency, and
voltage regulation.
In its original asset sale schedule in 2008,
PSALM packaged the Panay diesel plant with the 192.5-megawatt
Palinpinon geothermal plant. But because the long-term steam supply
agreement to be attached to the Palinpinon plant still has to be
approved by the Joint Congressional Power Commission (JCPC), the
PSALM Board decided to move the sale of the geothermal asset to
2009.
Under JCPC Resolution 2006–1, the agreement,
now known as the geothermal resources supply contract, is subject to
the commission’s approval.
On the other hand, the Bohol facility,
Napocor’s first diesel plant in the country’s Jewel Island, was
originally constructed together with the 1.2-megawatt Loboc hydro
plant to provide electricity to nearby towns.
Consisting of four 5.5-megawatt identical
generating units, the Bohol facility continues to operate as a
peaking and voltage-regulating plant.
PSALM had set the bid date for the said
facilities in October 28, 2008.
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