State-owned National Power Corp. (Napocor) is set to hold another round of bidding for the operation and maintenance of the Bataan Combined Cycle Power Plant in Limay, Bataan.
The government-owned and controlled power firm said it has allotted some P1 billion for the contract, which will be sourced from internally-generated funds.
"Bidding for the Limay facility's service contract will be conducted through open competitive bidding procedures... and is restricted to Filipino citizens/sole proprietorships, organizations with at least 60 percent interest or outstanding capital stock belonging to citizens of the Philippines, and to citizens of a country the laws of which grant similar rights to Filipino citizens, pursuant to RA 5183," Napocor said.
Napocor has set the pre-bid conference on Tuesday, February 10, with the bidding proper scheduled on February 24. The power company has already conducted a bidding for the operation and maintenance of the Limay plant last November.
The Limay plant is composed of two 310-megawatt modules, having three 70-megawatt gas turbines and a 100-megawatt steam turbine each. Commissioned in 1993, the power plant is also being privatized as part of the list of assets that would be disposed of early this year.
Under the terms of the contract Napocor is bidding out, the winning bidder will operate, maintain, and repair both generating blocks of the Limay plant for one year. The contractor will also provide the requisite labor, supervision, spare parts, consumables and other equipment and materials for the plant.