China's Contractor dominates the bidding for Agus 6 Hydro power plant upgrade in Iligan City, Mindanao

Seven investor groups will bid for a project that seeks to increase the power generating capacity of Units 1 and 2 of the Agus 6 hydroelectric power plant, the Power Sector Assets and Liabilities Management (PSALM) Corp. said.

 

7 Firms purchased the bidding document for submission September 30 the following:

Alstom Philippines,

China International Water and Electric Corp.,

HydroChina ZhongNan-HEC-BSPJV,

Kaltimex Energy Philippines Inc.,

PHP Philippine Hydro Project Inc.,

Vicente T. Lao Construction, and

Zhejiang Fuchunjiang Hydropower Equipment Co. Ltd.

 

The 7 firms have purchased the required bidding documents and are currently conducting their due diligence on the project.

 

"We are happy with the turnout, and we hope everyone submits a bid. Other interested parties may still join this procurement project even until bidding day, as long as they purchase the bidding documents and submit the documentary requirements," PSALM President and Chief Executive Officer Emmanuel R. Ledesma Jr. said in a statement.

 

In a supplemental bid bulletin, PSALM through its Bids and Awards Committee announced that the deadline for the submission of bids has been extended to September 30.

 

The project intends to increase the power output of Units 1 and 2 of the Agus 6 power plant from 25 megawatts (MW) to 34.5 MW each.  It also aims to extend their economic life to another 30 years.

 

Specifically, the project will include the investigation, design, engineering, manufacturing, installation, testing and commissioning of the new hydropower turbines and blades of the two Agus 6 power units, as well as replacement of electrical equipment, materials and devices necessary for the safe and reliable operation of the power facilities.  Upon award, the project is expected to be completed within 900 calendar days.

 

The 200-MW Agus 6 power plant is a run-of-river hydro plant located downstream of the famed Maria Cristina falls in Fuentes, Iligan City.  The plant consists of Units 1 and 2 with rated capacities of 25 MW each, and Units 3, 4 and 5 at 50 MW each.

 

With report from Business Mirror

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Janet Napoles "Pork Barrel Fund Mess Queen" Surrendered to President Aquino: Philippines

Alleged fugitive Janet Lim-Napoles surrendered to Philippine's President Benigno Aquino III on August 28, shortly after he had announced a reward of ₱10 million Philippine pesos, or $223,940 US dollars for any information leading to her arrest.

 

Napoles was wanted on charges of "serious illegal detention arising from the alleged kidnapping of Benhur Luy," according to the Philippine government.

 

She surrendered at 9:37 p.m. +GMT +8 (August 28, 2013)

 

Napoles is a businesswoman who is accused of working with several elected officials in embezzling billions of Philippine pesos for their own gain.

 

Luy, Napoles' aide and cousin, was one of the former staff members of Napoles who blew the whistle the scheme, which included the alleged conversion of 10 billion Philippine pesos from the Priority Development Assistance Fund and the Malampaya Fund into kickbacks for Napoles and her company using dummy foundations and forged signatures, according to the Philippine Daily Inquirer.

 

Since the allegations have surfaced, people across the country have engaged in anti-corruption protests.

 

Napoles has been turned over into the custody of Interior and Local Government Secretary Mar Roxas and Philippine National Police Director-General Alan Purisima for processing and booking.

 

The National Bureau of Investigation is preparing charges against Napoles, some of her staff, some elected officials, and management of some of the non-governmental organizations accused in the scheme, Justice Secretary Leila de Lima told the Sun-Star in a text message.

 

The whistleblowers won't be charged, de Lima added.

 

Reynald Lim, the brother of Napoles, is still at large. There's a ₱10 million Philippine pesos, or $223,940 US dollars for any information leading to his arrest. Lim is believed to have been involved in the embezzlement scheme.

#Millionpeoplemarch Photos

 

News Sources: Philippine Official Gazette and  Epoch Times

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