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                    [ArticleID] => 334161
                    [Title] => Lopez’s First Gen bids $176.6M for Calaca power plant
                    [Summary] => First Gen Luzon Corp. (FGLC), a wholly-owned subsidiary of the Lopez-controlled First Gen Corp., submitted a higher bid of $176.6 million for the 600-megawatt Calaca coal-fired power plant.


The Calaca facility, located in Batangas, is the seventh power asset put on the privatization block by the government.


FGLC said last April 27, the Power Sector Assets and Liabilities Management Corp. (PSALM) declared a failure of bidding after DM Consunji Inc., the only other bidder, submitted its bid at the wrong venue.


                    [DatePublished] => 2006-04-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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ENERGY AND FINANCE

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                    [ArticleID] => 334161
                    [Title] => Lopez’s First Gen bids $176.6M for Calaca power plant
                    [Summary] => First Gen Luzon Corp. (FGLC), a wholly-owned subsidiary of the Lopez-controlled First Gen Corp., submitted a higher bid of $176.6 million for the 600-megawatt Calaca coal-fired power plant.


The Calaca facility, located in Batangas, is the seventh power asset put on the privatization block by the government.


FGLC said last April 27, the Power Sector Assets and Liabilities Management Corp. (PSALM) declared a failure of bidding after DM Consunji Inc., the only other bidder, submitted its bid at the wrong venue.


                    [DatePublished] => 2006-04-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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abtest

Lopez’s First Gen bids $176.6M for Calaca power plant

By Donnabelle L. Gatdula | April 30, 2006 - 12:00am

First Gen Luzon Corp. (FGLC), a wholly-owned subsidiary of the Lopez-controlled First Gen Corp., submitted a higher bid of $176.6 million for the 600-megawatt Calaca coal-fired power plant. The Calaca facility,...

Business