Napocor to bid out P2.7-B fuel requirement of IPPs

The National Power Corp. (Napocor) will bid out some P2.7 billion worth of additional fuel requirement for its independent power producers’ (IPPs) power plants and barges for 2003.

Napocor will start the bidding for the additional oil-based requirements on Sept. 9 after the issuance of the eligibility requirements and tender documents held last Aug. 12.

Specifically, the state-owned power firm will need a total of 202,139 kiloliters of bunker and diesel fuel.

Bulk of the supplementary fuel requirement will go to Napocor’s Bataan combined-cycle power plant which will need 75,000 KL or P861.98 million. A kiloliter is equivalent to 1,000 liters.

The second biggest additional fuel requirement of about 55,704 KL or P623.5 million will go to Power Barge 104.

Other bunker plants that would need additional fuel include: Naga coal thermal plant with 32,327 KL requirement at P360.49 million; Zamboanga power plant with 29,736 KL at P338.78 million; Bauang power plant with 9,057 KL at P125.47 million; Subic Power Corp. with 10,374 KL at P149.05 million and Bohol power plant with 17,481 KL at P222.09 million.

Napocor will also re-bid the fuel supply requirements of three of its Cebu-based power plants – Bantayan Doong diesel power plants and Power Barge 116. The July 31 auction for the fuel requirements of these three power plants failed.

Of the three power plants, Bantayan has the biggest supply requirement at 1,553 KL, with the contract valued at P25.47 million.

PB 116, on the other hand, needs 604 KL, with an approved contract budget of P9.92 million. Finally, Doong’s diesel requirement has been placed at 39 KL, with the contract valued at P639,550.82.

Bantayan, Doong and PB 116 are all owned by Napocor and form part of its Small Power Utilities Group. Bantayan has an installed capacity of 10.16 megawatts, while Doong and PB 116 are capable of generating 0.326 MW and 3.36 MW, respectively.