Emergency power supply procurement eyed 0 SHARES Share it! “For emergency cases, they (DUs) can trigger an emergency purchase,” Senate Committee on Energy Chairman Sherwin T. Gatchalian has propounded. The senator cautioned though that not all cases – covering the 90 affected power supply agreements (PSAs), shall be classified as “emergency cases.” Therefore, he advocated that the energy department has “to evaluate very carefully” which power procurements it should codify as “emergency”. An emergency PSA, he said, could last either for 30 days to six (6) months depending on the power supply exigency of specified power utilities. For players in the industry, however, they noted that the major problem is not even the timeframe – but this drifts back into realities that many power utilities, (primarily the ECs) cannot even afford to undertake their respective CSP or bidding processes on power supply procurements.
Source: Manila Bulletin May 22, 2019 14:02 UTC