^
+ Follow MALAYA AND BATAAN Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 99169
                    [Title] => No winner yet in bidding for Napocor gas turbines
                    [Summary] => 

The bid for eight gas turbines of Abu Dhabi-based Delta Power International may be revoked by the National Power Corp. (Napocor) if the former fails to submit all necessary documents by tomorrow.

Napocor vice president Asisclo T. Gonzaga said Delta's bid application will be revoked if it fails to submit a letter of credit (L/C) to cover its security proposal. [DatePublished] => 2000-05-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 100909 [Title] => Napocor fails to sell gas turbines [Summary] =>

The National Power Corp. (Napocor) failed anew to sell eight land-based gas turbines worth approximately $49.5 million.

"We will announce a third and final public bidding soon," said Napocor marketing officer Richard Lazatin.

Only one bidder, the International Trade Management Inc. (ITM) of California, successfully tendered a bid last Thursday which was immediately declared a failure. General Electric Inc. [DatePublished] => 2000-03-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 100697 [Title] => Gov't sets 2nd auction for three gas turbines [Summary] =>

Government will hold a second auction for three gas turbines which have a combined value of roughly $50 million.

Up for sale are the 90-megawatt (MW) Malaya gas turbine, the 30-MW Sucat gas turbine, and the 120-MW Bataan gas turbine, for a combined 240-MW capacity. The Malaya and Bataan turbines were built in 1989 while the Sucat turbine was built four years after.

The three were originally priced at $55 million when they were first auctioned off. [DatePublished] => 2000-02-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

MALAYA AND BATAAN
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 99169
                    [Title] => No winner yet in bidding for Napocor gas turbines
                    [Summary] => 

The bid for eight gas turbines of Abu Dhabi-based Delta Power International may be revoked by the National Power Corp. (Napocor) if the former fails to submit all necessary documents by tomorrow.

Napocor vice president Asisclo T. Gonzaga said Delta's bid application will be revoked if it fails to submit a letter of credit (L/C) to cover its security proposal. [DatePublished] => 2000-05-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 100909 [Title] => Napocor fails to sell gas turbines [Summary] =>

The National Power Corp. (Napocor) failed anew to sell eight land-based gas turbines worth approximately $49.5 million.

"We will announce a third and final public bidding soon," said Napocor marketing officer Richard Lazatin.

Only one bidder, the International Trade Management Inc. (ITM) of California, successfully tendered a bid last Thursday which was immediately declared a failure. General Electric Inc. [DatePublished] => 2000-03-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 100697 [Title] => Gov't sets 2nd auction for three gas turbines [Summary] =>

Government will hold a second auction for three gas turbines which have a combined value of roughly $50 million.

Up for sale are the 90-megawatt (MW) Malaya gas turbine, the 30-MW Sucat gas turbine, and the 120-MW Bataan gas turbine, for a combined 240-MW capacity. The Malaya and Bataan turbines were built in 1989 while the Sucat turbine was built four years after.

The three were originally priced at $55 million when they were first auctioned off. [DatePublished] => 2000-02-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

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