DOE evaluates pre-qualifiers for geothermal bidding
Posted on December 12th, 2009
The Department of Energy (DOE) has started accepting proposals for the bidding of the nine geothermal areas offered under the latest Philippine Energy Contracting Round (PECR). At least 10 local and foreign groups have already been pre-qualified.
According to Mario Marasigan, DOE assistant secretary, they are evaluating the submitted proposals at present to verify if they comply with the minimum requirements. These include various documentations in legal, technical, financial and work program.
The basis of their evaluation, Marasigan said, would be the technical (30%), financial (30%), and work program (40%) data submitted.
Companies that have pre-qualified and being evaluated right now are: Clean Rock Renewable Energy Resources Corp., Pan Pacific Power Corp., Energy Development Corp. and Envent Holding Philippines Inc. for Daklan, Benguet which covers 23,639 hectares.
For the 11,982.72 hectares geothermal area in Natib, Bataan 1, for firms were also pre-qualified. These are Magma Energy Corp., Pan Pacific Power Corp., Clean Rock Renewable Energy Resources Corp., and Energy Development.
The proposals of PNOC Renewables Corp., Energy Development, Aragorn Power and Energy Corp. and Envent Holding Philippines Inc. are being evaluated for the 9,324.30 hectares in Labo, Camarines Norte.
In areas where there is only one company who prequalified, further evaluations will be done by the DOE, to ensure the firm’s compliance to the bidding requirements. These areas are in Acupan, Benguet; Montelago, Oriental Mindoro; Isarog, Camarines Sur; Sta. Lourdes Tagburos, Puerto Princesa City, Palawan; Mainit, Surigao del Norte and Maibarara, Laguna/Batangas.
In their evaluation, Marasigan said they will award the geothermal service contract to the proponent who got the highest point based on the specific criteria. Proponent is “expected to drill one to two exploratory wells at the end of exploration period while areas where several well have already been drilled will come out with a counter proposal of drilling of additional exploration well, infill or production wells and conduct feasibility and appraisal studies that will lead to power plant development at the end of period.”
Evaluation of the proposals will start on November 25 until January 8, 2010. Contracts are scheduled to be awarded between January 29 to February 12, 2010.
