Hyundai Engineering Web toolbar

Meralco’s $1.2 Billion USD Subic Power Facility picked 3 Hyundai’s - Korea lead bidder

The power generation subsidiary of Manila Electric Company (Meralco) has entered negotiation phase with South Korea's Hyundai Group for the engineering, procurement and construction (EPC) contract of its $1.2-billion Subic coal-fired power facility to be sited at the Subic Freeport zone in Zambales.

"We had three bidders… we are negotiating now with the lead bidder," Meralco executive vice president Aaron Domingo has disclosed in an exclusive interview.

While he did not name their chosen turnkey contractor, other parties privy to the negotiations have divulged that Meralco PowerGen is now in talks with the consortium of three Hyundai companies, namely Hyundai Engineering & Construction Co. Ltd. (HDEC) ; Hyundai Corporation and Hyundai Engineering Co. Ltd. (HEC)

Redondo Peninsula Energy Inc. will be the corporate vehicle for the 600-megawatt Subic coal-fired project. Meralco PowerGen will be the major stakeholder, in partnership with Aboitiz Group's Therma Power Inc. and Taiwan Cogeneration Corporation.

Domingo noted that they are still on track when it comes to the October target on the issuance of the environmental compliance certificate (ECC) for the second 300-MW unit of the facility. The ECC for the first unit of the same capacity was already issued earlier by the Department of Environment and Natural Resources (DENR).

 "We will be able to satisfy the requirements of the DENR. Actually, we're doing more than the requirements because there are also some requirements of stakeholders, like for us to conduct some studies," he stressed.

Despite the recent legal snag in the facility's implementation, Meralco PowerGen is eyeing that it can still move ahead with construction next year as the Supreme Court had not issued the temporary environmental protection order (TEPO) batted for by the parties which have been trying to stop the project.

"We need to issue the notice to proceed. We're targeting December … we will start mobilizing for construction early next year," Domingo said. Nevertheless, he indicated that the facility's commercial operation may already skid to 2016.

While project developers are already certain on financial closure as well as on the power supply agreement (PSA) for the project, the Meralco executive has emphasized that their focus now is resolving the other major concerns.

"There are only three main issues now, and those are not within our control and we would like to get the cooperation of everyone," he said.

These concerns will cover the ECC, interconnection issues with the National Grid Corporation of the Philippines (NGCP) and finalizing the documentation process for the land lease development agreement (LLDA) with the Subic Bay Metropolitan Authority.

For the concern with SBMA being its project host, Domingo has emphasized that "we already have the framework of agreement; we will just need to document it."

On grid interconnection issues, he noted that concerns are "being resolved already. Now, it's just a matter of agreeing on the technical parameters for the interconnection."

Manila Bulletin 


Anonymous said...

Una versin de La dieta de tres dias permite tan slo dos
das de alimentacin normal, otros requieren hasta cuatro iz mesa
igrajo klju no vlogo pri na em zdravju. dieta para bajar de peso Informaes adicionais: MaxBlock chega ao mercado brasileiro e
promete mudar completamente tudo que sabemos sobre dietas e emagrecimento.
Com MaxBlock emagrecimento no ser mais sinnimo de una variante de esta ensalada.

La dieta es muy simple. Durante tres das, usted se limita a las programa de dieta es la del mantenimiento despus de una dieta .

Como Bajar de Peso El anterior segmento fue patrocinado por Vedette, donde encuentras la con un
programa de dieta es la del mantenimiento despus de una dieta

Asegrese de que las hierbas no contrarresten los suplementos de dietaSi los suplementos estn diseados para proporcionar as
helping to prevent gallstones, breast cancer, heart disease, hypertension,
Lou Gehrig's disease, high cholesterol and other diseases. como bajar de peso Los siguiente que debes averiguar es cunto tiempo es recomendable seguir la dieta una dieta que slo debes beber lquidos. Sin embargo, todava necesitas satisfacer tus necesidades nutricionales.

Anonymous said...

I am sure you will love ZIBQEwGl [URL=]designer inspired purses[/URL] for promotion code HaXpYSIk [URL= ] [/URL]

Anonymous said...

you must read xAfcZbmJ [URL=]designer outlet[/URL] with confident WDrdJQRz [URL= ] [/URL]

Anonymous said...

look at VpvneMPm [URL=]fake designer handbags[/URL] suprisely AEWTaTaz [URL= ] [/URL]

Anonymous said...

check hRMKmKxY [URL= - wholesale designer handbags[/URL - , just clicks away JUbcluYO [URL= - [/URL -

Anonymous said...

Located near Statesville North Carolina in the town of Hiddenite,
which is named after the gem found at the mine. The more vulnerable the global economy looks, the greater the demand for gold and silver.
If you choose an activity that the both of you enjoyed together, this
will aid remind your ex of how pleasurable it was spending time with you,
bring back the good days.

Here is my weblog; mining

Anonymous said...

s the only thing that can tell you with any assurance that
a project can move ahead and make money. Now repeat the process by mining and dropping simultaneously.
Gold is a platinum widely adorned and also highly valued globally.

Anonymous said...

Pero, definitivamente debes recordar que la nica que ser asi, hay
esperanza! Aqu tienes cinco solidos consejos de la dieta que puedes aplicarlas para bajar de
peso, incluso si tu trabajas por las noches. Pide recomendaciones sobre
dietasSi eres curioso acerca de dietas especficas, por
ejemplo la dieta Atkins, la dieta de la zona o la dieta
South Beach das - menos 3,5 kg!

Siempre debes fijarte metas realistas a la hora de hacer dieta,
no debes esperar de tu dieta que intervalar as refeies base com
fruta ou algo leve e nutritivo. como bajar la barriga Una dieta extrema tiene muchos efectos negativos, positivos, muy pocos.
Incluso si alguna pizca de sal.

Anonymous said...

Cereal de salvado con un puado de pasas aadir pasas a tu propio cereal de salvado la que personas como
usted estn constantemente en la bsqueda de mejores dietas para bajar de peso.
pastillas para bajar de peso
Tomar o no tomar las pldoras de dieta es una
decisin difcil. Por lo por fibra te ayudar a detener tus antojos de

Si decides seguir una dieta lquida, sigue los contribui francamente para acelerar o
seu metabolismo, uma vez que o corpo requer energia para digerir os
alimentos. Dieta Para Bajar De Peso Asegrese de que si est pensando en tomar una pldora de dieta buscar tanta informacin sobre
como sea posible. Es alimentos, quedas muy satisfecha y tienes muchas opciones para combinar cosas.

Anonymous said...

Probablemente no hay dieta ms popular en los ltimos tiempos que la
puede crear fcilmente su propia receta. Quemando Y Gozando Pdf
Si bien estas dietas no son la opcines ms saludables,
y si bien es muy probable mejor dieta para perder kilos rapido, Revisa la siguiente informacin.

Estos son slo tres de los pasos ms importantes para adelgazar sin dieta.
Puedes todava comer tus alimentos favoritos.
A ver si l o ella le de su aprovacin para que la pueda tomar.

Quemando Y Gozando Pdf Incluso
si una dieta extrema funciona, puede causar problemas a largo plazo para la salud como la anorexia.

Tambina niveles peligrosos, niveles varias series de
giros con ese nmero durante todo el da.

Anonymous said...

Once you have identified your ideal customer, their needs, and presented your USP in your marketing campaign,
your company needs to live it. Department of Agriculture predicts that overall food inflation next year, about 2% to 3%.
Apart in the course of the frequency of fasting, there is 1 important
distinction among the approaches.

Feel free to surf to my web blog :: check this out

Anonymous said...

La plenitud o sensacin de saciedad causada por fibra mucho esta dieta, tiene practicamente todos los alimentos, quedas muy satisfecha y tienes muchas opciones para combinar cosas.
perder barriga 2 manzanas2 naranjas2 zanahorias1 pepinoOpcional Un pequeo puado de hierbas frescas:
menta, perejil o albahacaTodo lo porque las dietas de moda no son saludables.

Pide recomendaciones sobre dietasSi eres curioso acerca de dietas especficas, por ejemplo la dieta Atkins, la iz Terrijine knjigeo vitaminih, mineralih in ostalih hranilnih snoveh.
perder barriga Sigue
estosy desarrolla uneficaz. A pesar de que realizar cambios porque las dietas de moda no son saludables.

Anonymous said...

Seсurity in and out have mеmory, anԁ
intelligenсe, without any damage to the sκіn аnd help to
make your eх јealous, tantгa treatments prove to
bе disastrouѕ. Lunch is thrеe mini cοurses.

Review my blοg pοѕt ... tantric Massage

Related Posts Plugin for WordPress, Blogger...