Napocor to rebid P10.69-B supply contract for ’04

The National Power Corp. (Napocor) will re-bid its P10.69- billion fuel supply requirement for 2004 next week after getting "not so favorable bids" in the first bidding round a few weeks ago.

The supply contract for both diesel/fuel oil requirement will involve a total volume of 789,227 kiloliters for 45 power plants and barges.

Of the total amount, fuel oil accounts for P9.48 billion on volume of 721,612 kiloliters in 21 delivery points. Diesel on the other hand, totals P1.21 billion on 67,615 kiloliters volume in 24 delivery points.

Napocor is in-charge of the procurement of fuel oil/diesel requirements for its own power facilities, including the small power utilities group (SPUG) and its independent power producers (IPPs).

Among the biggest power facilities with the highest requirements for fuel oil are: power barge (PB) 117 (P1.7 billion); PB 119 (P1.9 billion) and Batangas coal-fired power plant (P419 million).

For diesel, those that have the highest requirements include: Ilijan natural gas-fired power plant (P288.9 million); Pagbilao coal-fired (P140.6 million); Cebu thermal (P108 million); Masinloc (P97.7 million) and PB 102 (P71 million).

In December 2003, Napocor awarded P1.4 billion worth of fuel supply contracts to Petron Corp. and about P235 million to Pilipinas Shell Petroleum Corp.

Based on Napocor’s Bids and Contracts Division record, the power firm awarded to Petron the fuel requirement for the Bataan combined cycle power plant (CCPP) at an estimated total contract cost of P946.9 million and P132.35 million for Subic diesel power plant (DPP).

Aside from these contracts, Petron also bagged another P396.9 million fuel contract for Napocor’s Bauang (P125.8 million), Zamboanga DPP (P197.9 million) and PB 104 (P73.2 million).

On the other hand, Napocor awarded to Shell some P235 million worth of fuel contract for its fuel requirement in Naga DPP.

Specifically, Napocor will need 91,547 kiloliters of fuel for Bataan CCPP and 12,535 kiloliters for Subic Power Corp.