“PSALM confirms that 13 registered bidders, who have paid the participation fee, attended the pre-bid conference for the sale of the Casecnan hydroelectric power plant,” the agency said.PSALM held a pre-bid conference on Nov. 22 for the sale of the CHEPP, allowing bidders to ask questions and request clarification on concerns on the requirements in the bidding procedures.PSALM set the deadline for the submission of the bids on Feb. 24, 2023 at 12 noon at PSALM office in Quezon City.
The CHEPP, located at Sitio Pauan, Barangay Villarica, Pantabangan, Nueva Ecija, was covered by a build-operate-transfer agreement which ended on Dec. 11, 2021.The agency contracted PricewaterhouseCoopers Philippines to work on the third-party valuation of the Casecnan plant.