THE bidding for the selection and appointment of the independent power producer administrators (IPPAs) for the bulk energy contract of the Unified Leyte Geothermal Power Plants (ULGPP Bulk) has failed.
According to Ernesto Pantangco, executive vice president of Lopez-led Energy Development Corporation (EDC), only one firm submitted a bid for the ULGPP Bulk, namely Unified Leyte Geothermal Energy Inc. (ULGEI), a subsidiary of EDC.
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