(JANSEN ROMERO / MANILA BULLETIN)
Thus, said Alyansa ng mga Grupong Haligi ng Agham at Teknolohiya para sa Mamamayan (Agham) President Angelo B. Palmones Wednesday, Feb. 17, as he presented details about the power contract hopeful’s background.
The consumer group noted that in October 2020, the Department of Energy (DOE) issued a moratorium on endorsing greenfield or new coal-fired power plant projects notwithstanding committed projects and expansion projects.
“Our group stresses that the Kingstone project is actually covered by the DOE moratorium against coal power plants. Thus, they are outrightly disqualified,” Palmones said.
He also claimed Kingstone, which is bidding to supply 1,200 MW under the Meralco deal, is a Hong Kong-based company. The former congressman further said that Kingstone was solely represented by a law firm during the competitive selection process (CSP) for the power supply deal.
The Department of Energy (DOE) is being urged to enforce stricter rules in the competitive selection process (CSP) for power supply agreements (PSAs) that are being auctioned by distribution utilities.
The Department of Energy (DOE) is being urged to enforce stricter rules in the competitive sele
Published February 17, 2021, 2:34 PM
The proposed coal-fired power plant project of Chinese firm Kingstone Energy is not in the “indicative” or “committed” list of projects of the Department of Energy (DOE), hence, that could warrant its ultimate disqualification from the competitive selection process (CSP) of Manila Electric Company (Meralco) for its future power supply agreements (PSAs) that will add 1,800 megawatts into its supply portfolio.
It has been clear in the coal moratorium declaration of the DOE in October last year that it will no longer accommodate new coal plant applications starting from that timeframe.
DOE Assistant Secretary Redentor Delola confirmed that “Kingstone has no registered project with us – neither committed or indicative.”
A consumer advocate group has told disqualified bidders from the Manila Electric Company's (Meralco) 1,800-megawatt (MW) supply deal to "stand down" and let the competitive selection process (CSP) move forward.