THE Power Sector Assets and Liabilities Management (PSALM) Corp. has awarded the one-year Operation and Maintenance Service Contract (OMSC) for the 650-megawatt (MW) Malaya Thermal Power Plant (TPP) to Korean firm STX Marine Service Co. Ltd.
PSALM President and CEO Emmanuel R. Ledesma Jr. said on Thursday his office issued on September 30 the notice of award to STX Marine.
“STX Marine has been determined by PSALM to be compliant with and responsive to all the requirements and conditions of the bidding documents and is thereby declared as the bidder with the Lowest Calculated Responsive Bid, and, thus, awarded the contract,” Ledesma said.
STX Marine’s original bid as read during the bid opening on August 12 was P302,149,988.64. Ledesma said that, after conducting a detailed evaluation of the bid, the winning bid of STX Marine for the Malaya OMSC has been recalculated to P297,799,028.80.
“PSALM BAC [Buds and Awards Committee] made the recalculation because the bid of STX included a VAT at 18 percent, which is over and above the 12 percent that the law provides. Thus, the P302 million was recalculated to arrive at P298 million,” Ledesma said.
The winning bid edged out the P428,777,888 offer of second bidder SPC Malaya Power Corp., which is also the current O&M provider of the Malaya TPP.
STX is engaged in the design, construction, supervision and repair of system or equipment related to energy. It is also a provider of maritime solutions and among its services are ship management, marine transportation and brokerage, and ship design, construction, leasing and repair.
The Malaya TPP is in Pililla, Rizal province, and is being managed by PSALM through an OMSC. It consists of a 300-megawatt (MW) unit with a once-through type boiler and a 350-MW unit fitted with a conventional boiler. It was rehabilitated in 1995 by the Korea Electric Power Corp. under a 15-year rehabilitate-operate-manage-maintain agreement.
Meanwhile, Ledesma said the board is currently evaluating the bid of the proponent for Malaya Unit 1 overhaul.
The government wants the rehabilitation of the Malaya Unit 1 done before the summer next year.
“Malaya 1 needs overhauling and it will not be completed until July 2015. We are looking for alternate supplier who can do it earlier,” Petilla said.
Ledesma said government is studying options for the overhauling of Malaya Unit1 to make it available in time for the 2015 Malampaya shutdown.
The Malampaya facility will go offline from March 15 to April 14, 2015 to commence Phase 3 of the Malampaya project involving the installation of a platform aimed at maintaining the fuel supply to power plants providing half of Luzon’s power needs.
The shutdown of the Malampaya facility which, according to consortium members could no longer be rescheduled, worries the Department of Energy and PSALM as this is crucial to the power requirements of Luzon.