Lopez-led First Gen Hydro Power Corp. and SN Aboitiz lead the pack of companies interested in operating the 165-megawatt Casecnan hydroelectric power plant in Nueva Ecija.
The five other entities that participated in the pre-bid conference held by the Power Sector Assets and Liabilities Management Corp. were KEPCO KPS Carabao Corp., Soosan ENS Co. Ltd., China Energy Engineering Group Heilongjiang Energy Engineering Co. Ltd., Marine-Power Industry Asia Pacific Corp. and Atdinum Energy Inc.
“The procurement of an O&M operator will ensure the continuous generation of energy as well as the uninterrupted irrigation service of the Casecnan project upon Casecnan’s turnover from the CEWEC to the government on Dec. 11, 2021,” PSALM president and CEO Irene Besido-Garcia said.
The operation and maintenance contract, which is valid for one year, is targeted to commence on Nov. 26. This should give the operator sufficient lead time to familiarize itself with the operations of the plant.