Sunday, 2 May 2010

11 firms vying to supply power to Siquijor Island

Alena Mae S. Flores
Manila Standard
http://www.manilastandardtoday.com/insideBusiness.htm?f=2010/may/1/business4.isx&d=2010/may/1

Eleven private companies have expressed interest to join the bidding to provide electricity to the island of Siquijor, one of the so-called missionary areas served by National Power Corp.’s Small Power Utilities Group.

The government and advisor International Finance Corp., the investment arm of the World Bank, has opened the bidding for the six-megawatt power generation requirement of Siquijor.

The competitive selection process for Napocor-SPUG’s off-grid areas is part of the major reforms in the power sector. It provides an opportunity for private investors to build, own and operate generation facilities to supply the entire province.

IFC’s preliminary information memorandum has set the bid submission deadline at the end of May and contract awarding by the end of June.

The interested companies are Aggreko International Power Projects, Altergy Power Solutions Inc., Asea One Power Corp., Bantayan Island Power Corp., Global Business Power Corp., Structured Financial Group Inc., Sunwest Water and Electric Co. Inc., The PowerSource Group LLC, Trans-Asia Oil and Energy Development Corp., TruGreen Energy and Vivant Corp.

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