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Govt offers more state-owned power plants

AVA KASHIMA K. AUSTRIA, Reporter, BusinessWorld
07/16/2008 | 12:36 AM

MANILA, Philippines - The government today opens the sale process for two more power plants but has moved plans to auction off another facility to next year given a legislative hurdle.

The Power Sector Assets and Liabilities Management Corp. (PSALM), in a statement, said the bid invitation for the 146.5-megawatt (MW) Panay and 22-MW Bohol diesel power facilities would be released today.

The planned auction for the 192.5-MW Palinpinon geothermal plant, however, will be moved to 2009 given a congressional panel’s failure to approve a steam supply agreement.

For the Panay and Bohol facilities, PSALM said prospective investors have until July 30 to submit letters of interest. A non-refundable fee of $2,000, a confidentiality agreement, and an undertaking with PSALM will have to be forwarded two days later.

Qualified investor groups will be allowed to conduct due diligence from July 17 to October 27, 2008. A pre-bid conference will be held on August 6 while the actual auction will be staged on October 29.

Palinpinon was originally packaged with Panay but the Joint Congressional Power Commission’s failure to approve a long-term steam supply deal prompted the PSALM board to move the plant's sale to 2009.

PSALM formally announced the withdrawal of the package in a supplemental bid bulletin issued last July 3.

More Power Plants for sale..and you would also expect more politicians greedy eyed on the prospective buyers..As always, you need to have the proper documents..and how would you get the proper documents signed??? Grease money...


More Philippine Defense News

DND wants frigate with 'surface-to-air' missile power

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"Aside from this, our latest frigate will have heavier gun armament and other equipment that will make it very effective in patrolling and securing the country's waters," Galvez said in Filipino.
He declined to state the particular country the Philippines will acquire this ship but stressed that acquisition will be done through a government-to-government transaction.
The Philippines has taken on a new sense of urgency to upgrade its naval capabilities as tensions continue to rise around the West Philippine Sea (South China Sea). US President Barack Obama's announced "pivot" for America towards the Pacific has stirred greater naval activity on the p…

No reduction in AFP manpower size

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“Under the Force Structure Review, there will be streamlining of units but this does not mean reduction in terms of the number of soldiers. In fact, the FSR calls for more recruits in the future,” the source, who requested anonymity, said.
At present, the military has a total of 125,000 soldiers, of which almost 85,000 are in the Army and the rest in the Navy-Marines and Air Force.
The FSR calls for an in-depth study of the AFP history in reference to pertinent laws of the land in conjunction with the challenges of internal and external defense.
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On instructions of Defense Secretary Voltaire Gazmin, former military ch…

Philippine Armored Vehicles with ad-hoc wood slat armor

While searching for Philippine armored vehicles for the updates being done for both the blog and the Facebook page I chanced upon images of Philippine Army and Marine armor assets covered with thick wood planks as slat armor for protection from rocket propelled grenades. This caught the eyes of Popular Mechanics who published an article last June 8th just for this subject.

According to the article,
Wood armor on armored vehicles won't save them from ISIS rockets. Not sure, I'll leave that to the actual reports from the Philippine Military in using wood as an ad hoc protection for rpg's, but yes this is only during emergencies. The Philippine Army and Philippine Marines should employ or use the real add-on armors currently in the market for armored vehicle protection. Or they could just simply buy new thicker-armored vehicles to be used for front-line operations and have the old vehicles to be used in secondary missions or as support vehicles.

Nonetheless the fast-thinkin…