PSALM has posted the announcement on their web site for bidding the Manila Thermal Power Plant.
Due Diligence : December 4 to February 2, 2007
Pre-Bid Conference : January 8, 2007, 2:00 p.m. at the PSALM Office
Bid Submission Deadline : to be announced to interested bidders at a
later date by PSALM
Previously they indicated a third party would [...]
Alfie points out the impact:
As of yesterday, the price of electricity in the spot market ranged from Php 8.50 per kWh (off-peak) to Php 12.0 per kwh (peak), more than thrice of the Load Weighted Average Price (LWAP) of around Php 3.00 per kwh in the previous weeks.
Here are links to the energy related presentation decks (pdf files) from the Philippine Economic Society meeting held Nov. 21-22.
Lassi Holopainen, Wholesale Electricity Spot Market
Cyril del Callar, National Power Corporation
Rauf Tan, Energy Regulatory Commission