IPP
, Philippines

650MW Malaya thermal power plant up for bids

Auctioning off one-year operation and OMSC.

The Power Sector Assets and Liabilities Management Corp. (PSALM) will auction off the one-year operation and maintenance service contract (OMSC) for the 650MW Malaya thermal power plant in July.

According to a research note from Maybank ATR Kim Eng, PSALM has allotted a PHP457.28m budget for the contract.

Interested parties are required to pay a non-refundable fee of PHP50,000 for the bidding documents which were made available at PSALM’s office in Makati City.

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