Korea firm bags Malaya Thermal Power Plant contract

MANILA, Philippines — A Korean firm bagged the operations and maintenance (O&M) contract for the 650-megawatt (MW) Malaya Thermal Power Plant (TPP).

In a statement, the Power Sector Assets and Liabilities Management Corp. (PSALM) said its board awarded the 2019 service contract for the operation and maintenance of the Malaya TPP to Soosan ENS Co., Ltd.

The term of the contract shall be for a period of one year, or until the plant’s privatization.

With an approved budget of P213 million, Soosan ENS was declared the lowest compliant bidder with its P205.73 million offer, following its post-qualification.

PSALM issued the notice of award to Soosan ENS after it passed all eligibility and technical assessment.

Part of the responsibilities under the service contract include the day-to-day upkeep, management and maintenance or repair of the power plant and its equipment.

Located in Pililia, the Malaya TPP consists of a 300-MW unit with a once-through type boiler and a 350-MW unit fitted with a conventional boiler.

It was last rehabilitated in 1995 by Korea Electric Power Corp. under a 15-year rehabilitate-operate-manage-maintain agreement.

The Malaya power plant was designated as a must run unit (MRU) by the Department of Energy (DOE) to address supply deficiency when operating power plants in the grid suddenly bog down or become unavailable.

It will operate as an MRU until the DOE finalizes its privatization schedule.