The Philippine's state-run National Power Corp. plans to buy 390,000 metric tons of steaming coal next month, to supply the requirements of its 700-megawatt Pagbilao power plant in Quezon.
Napocor said it needed to clinch contracts for the supply and delivery of coal as soon as possible, even as it assured the public that it had sufficient inventory for its power plants.
The previous two auctions for supply deals involving 390,000 metric tons of coal had failed, as suppliers were reportedly turned off by the low contract price set by Napocor.
The volume was meant for the Pagbilao and the 1,000-MW Sual power plant in Pangasinan.
A third bidding held last week is still in “limbo,” according to Edmund P. Anguluan, chair of Napocor’s bids and awards committee.
Last Wednesday, the committee said the tender for 195,000 MT of coal for its Sual power facility had “initially failed,” after the lone bidder, Indonesian firm PT Delta Minerals International and its local partner Woodridge Properties Inc., failed to submit several eligibility requirements as specified under bidding procedures.
Anguluan, however, said PT Delta and Woodridge Properties was given time to appeal the ruling and submit a motion for reconsideration to Napocor.
Anguluan said that as of the previous week, Napocor still had 59 days worth of coal inventory for Sual and 43 days worth of supplies for Pagbilao.
The Sual and Pagbilao facilities, along with the 200-MW Naga and the privatized 600-MW coal-fired power plants, accounted for about a fourth of the 8,600 megawatts of dependable capacity in the Luzon grid.
Source: The Inquirer
No comments:
Post a Comment