Minimum bid price for Malaya plant set The Manila Times

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Minimum bid price for Malaya plant set – The Manila

2020-9-18  The minimum bid price is 3.22 million. The Malaya plant and the five properties are some of the power assets being auctioned by Psalm to settle financial obligations that it assumed from the National Power Corp.

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Malaya plant offer submission to proceed – The

2021-5-1  The minimum bid price for the sale of Malaya Thermal Power Plant (MTPP) and its underlying land was lowered to P2.2 billion, the Power... Read more The Manila Times Newsletter

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Psalm mulls lowering price for Malaya ... - The Manila

2020-9-25  This comes after state-run corporation said on Wednesday the third round of public bidding for the facility was a failure, though the minimum bid price was already cut by more than half to P2,188,400,000 from P4,481,796,017.

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Ayala, China firms eye Malaya plant, land The Manila

2021-3-7  Panasia told Psalm then that buying the plant and its land was ultimately “not financially viable,” while AC Energy said it had determined that it wouldn’t be able to meet the minimum bid price. That price had been reduced to P2,188,400,000 for that round from the previous P4,481,796,017.

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Malaya plant sale is good news for PH ... - The Manila

2021-5-13  Waiting for a proper buyer for the Malaya plant turned out to be an advantage for Psalm, which had established a P1.485-billion minimum bid price for the facility consisting of two generating units (300 MW and 350 MW, respectively). The winning bidder, Fort Pilar Energy Inc., will pay P3.123 billion

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Sale of Malaya plant, property rescheduled – The

2020-7-27  The state-led firm, in its latest supplemental bid bulletin, announced the bid submission deadline is rescheduled to September 3 at 12 noon. Psalm previously set the deadline of July 30 to submit proposals in view of the third-party updating of the Malaya thermal facility’s financial valuation before the Psalm board of directors sets the minimum bid price for the power asset.

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Psalm gets P3.123B bid for Malaya ... - The Manila Times

2021-5-9  Psalm gets P3.123B bid for Malaya Thermal Power Plant. Balance of payments reverts to short fall in Jan. By Eireene Jairee Gomez. May 9, 2021. THE Power Sector Assets and Liabilities Management Corp. (Psalm) has declared a successful negotiated sale of the privatization of the 650-megawatt (MW) Malaya Thermal Power Plant (MTPP).

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Government sets minimum bid for Malaya plant at

2020-9-18  MANILA, Philippines — State-run Power Assets and Liabilities Management Corp. (PSALM) has set the minimum bid price for the privatization of the 650-megawatt Malaya Thermal Power Plant (MTPP)

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New round of bidding set for Malaya power plant ...

2020-1-31  The bid opening is set on April 15, 2020. In November last year, the second attempt to auction the plant failed as most of the pre-qualified bidders retreated, and a lone bidder submitted an offer below the floor price, the agency said. PSALM said back then that it would take the “necessary steps” to lower the minimum bid price.

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5 firms eye negotiated deal for Malaya plant – Manila

2021-3-8  As asserted by PSALM President and CEO Irene Besido-Garcia, the asset-seller firm “looks forward to a successful privatization process for the Malaya power plant,” given recent decision sanctioned by the PSALM Board to also bring down the minimum offer price (MOP) to P1.845 billion.

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Government sets minimum bid for Malaya plant at

2020-9-18  MANILA, Philippines — State-run Power Assets and Liabilities Management Corp.(PSALM) has set the minimum bid price for the privatization of the 650-megawatt Malaya Thermal Power Plant

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Bidders for Malaya plant trimmed to 2 firms – Manila

2021-4-30  The approved minimum offer price (MOP) for the negotiated sale of the Malaya power plant had been reduced to P1.845 billion – a valuation that was already pared several times from when the asset was first auctioned in 2019.

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Bidding for Malaya power plant fails again - Manila

2020-9-23  PSALM set the deadline for submission of bids at 12 noon Wednesday. The minimum bid price for the MTPP for THE third round of public bidding was placed at P2,188,400,000 which was substantially lower than the minimum bid price during the second round of public bidding on Nov. 22, 2019 at P4,481,796,017.

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Malaya plant bidding fails for third time Philstar

2020-9-25  The minimum bid price was set at P2.19 billion, lower than the floor price of P4.48 billion in the previous round of bidding. PSALM said Panasia submitted a letter indicating that it decided not ...

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PSALM to lower minimum bid for Malaya plant

2019-12-4  The state-run firm will ask the Commission on Audit (COA) to allow it to reduce the minimum bid price (MBP) for the Malaya TPP of P4.48 billion, PSALM president and chief executive officer Irene ...

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New round of bidding set for Malaya power plant ...

2020-1-31  The bid opening is set on April 15, 2020. In November last year, the second attempt to auction the plant failed as most of the pre-qualified bidders retreated, and a lone bidder submitted an offer below the floor price, the agency said. PSALM said back then that it would take the “necessary steps” to lower the minimum bid price.

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5 firms eye negotiated deal for Malaya plant – Manila

2021-3-8  Starting from P4.481 billion, the sale price was cut to P2.188 billion in series of competitive but failed biddings carried out last year. When PSALM opened the ‘negotiated deal’ divestment strategy for the plant, the minimum bid price was also correspondingly trimmed to P2.007 billion and a further lower MOP for the current round.

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Ayala, China firms eye Malaya plant, land

2021-6-3  Panasia told Psalm then that buying the plant and its land was ultimately “not financially viable,” while AC Energy said it had determined that it wouldn’t be able to meet the minimum bid price.

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Malaya plant buyer is battery storage ... - Manila Bulletin

2021-5-11  The new company, which was incorporated in 2019, tendered a purchase price of P3.123 billion versus Ayala’s P2.22 billion bid – and both offers have been way above the minimum offer price of P1.845 billion that was set for the Malaya plant by the PSALM

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37th Electric Power Industry Reform Act (EPIRA ...

2021-1-13  Said minimum bid price that the PSALM Board set for the third round considered various factors such as the book value of the plant and its underlying land, the zonal value of the land, the substantial losses continuously incurred by PSALM in maintaining the Malaya plant, marketability impacted by the Covid-19 pandemic, and electricity demand.

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Bidders for Malaya plant trimmed to 2 firms – Manila

2021-4-30  The approved minimum offer price (MOP) for the negotiated sale of the Malaya power plant had been reduced to P1.845 billion – a valuation that was already pared several times from when the asset was first auctioned in 2019.

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Malaya plant bidding fails for third time Philstar

2020-9-25  The minimum bid price was set at P2.19 billion, lower than the floor price of P4.48 billion in the previous round of bidding. PSALM said Panasia submitted a letter indicating that it decided not ...

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PSALM to lower minimum bid for Malaya plant

2019-12-4  The state-run firm will ask the Commission on Audit (COA) to allow it to reduce the minimum bid price (MBP) for the Malaya TPP of P4.48 billion, PSALM president and chief executive officer Irene ...

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New round of bidding set for Malaya power plant ...

2020-1-31  The bid opening is set on April 15, 2020. In November last year, the second attempt to auction the plant failed as most of the pre-qualified bidders retreated, and a lone bidder submitted an offer below the floor price, the agency said. PSALM said back then that it would take the “necessary steps” to lower the minimum bid price.

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PSALM extends deadline for Malaya plant offers to May

2021-6-4  PSALM has said that the minimum offer price for the Malaya site has been reduced to around P1.85 billion from P2.01 billion previously, which was the minimum price set

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Malaya plant offer submission to proceed - MSN

2021-5-7  The minimum offer price for this third round is set at P1.845 billion. MTPP is currently operational and being dispatched as a must run unit (MRU) by the National Grid Corp. of the Philippines.

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Ayala, China firms eye Malaya plant, land

2021-6-3  Panasia told Psalm then that buying the plant and its land was ultimately “not financially viable,” while AC Energy said it had determined that it wouldn’t be able to meet the minimum bid price.

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PSALM resets bidding for Malaya Thermal Power

2019-8-13  The asset has a total area of about 3,530 square meters with a minimum bid price of P70.6 million. This asset used to be the location of the Laoag Diesel Power Plant. PSALM set the bid

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37th Electric Power Industry Reform Act (EPIRA ...

2021-1-13  Said minimum bid price that the PSALM Board set for the third round considered various factors such as the book value of the plant and its underlying land, the zonal value of the land, the substantial losses continuously incurred by PSALM in maintaining the Malaya plant, marketability impacted by the Covid-19 pandemic, and electricity demand.

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Chinese firm backs out Malaya nego deal – Manila

2021-3-11  The prescribed minimum offer price (MOP) always proved contentious to the interested buyers; hence, the Board of PSALM opted to bring that down several times – from a high of P4.8 billion in the initial round of competitive bidding then to the level of P1.845 billion in the forthcoming negotiated process for the facility’s sale.

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