The Power Sector Assets and Liabilities Management Corp. (PSALM) selected Pilipinas Shell Petroleum Corp and Phoenix Petroleum Philippines, Inc. as the winning bidders for the procurement of oil-based fuel for two power plants this year.
PSALM on Friday, May 11, announced that Shell and Phoenix will be supplying and delivering the fuel for the Ilijan Natural Gas Power Plant (INGPP) and the Malaya Thermal Power Plant (MTPP) for 2018.
Shell submitted the lowest bid at P961.16 million for the supply and delivery of neat diesel oil for INGPP.
Phoenix likewise submitted the lowest bid to supply and deliver industrial fuel oil and diesel oil to MTPP at P1.14 billion and P47.70 million, respectively.
According to PSALM, other bidders who competed for the procurement were Petron Corp., Petrotrade Philippines, Inc., Seaoil Philippines, Inc. and SL Harbor Bulk Terminal Corp. — Anna Gabriela A. Mogato