AES-MPPCL Forward Contract Proposal November 10, 2014 Corplan
Current Purchases Scenario Month BillAESBGIWESMSMECTOTAL August 8,320, ,410, ,236, ,966, September 12,015, ,092, ,917, ,025, October 12,015, ,206, ,539, ,760, November 12,015, ,901, ,665, ,582, Average 11,091, ,402, ,923, ,166,250.00
Purchases Distribution: November
Current Demand Scenario Month BillAESBGIWESMSMECPEAK DEMAND August 17,00020,00016,143053,143 September 17,00020,00015,473052,473 October 17,00020,00016,095053,095 November 17,00020,0006,00010,00053,000 Average 17,00020,00013,42810,000
Demand Distribution: November
Power Contract Status Power SupplierPlant Type and Location LocationDuration AES – MasinlocCoal-FireZambalesMay 26, 2010 to May 25, 2026 Bacman Geothermal Inc. GeothermalBacun, SorsogonJanuary 26, 2013 to January 25, 2018 WESMMixedn/aNovember 26, 2006 – Present San Miguel Energy Corporation CoalSual, PangasinanOctober 26, 2014 to October 25, 2024
MPPCL FORWARD CONTRACT OFFER November 10, 2014
MPPCL Offer Details Masinloc Power Partners Limited presented last October16, 2014 their intention to enter into a forward power supply contract. The said offer is due to their expansion project of additional 2 x 300 MW coal-fire power plant in Zambales. This would now raise their portfolio to 4 x 300 MW coal-fire plants (2 of which Casureco II is a current customer for 17 MW). The offer is for 20 MW. The duration is 10 years to commence November 26, 2014.
MPPCL Rate Offer Rate ComponentFigure Basic Rate4.05 Adjustments (Estimate)0.15 Line Rental (Estimate)0.18 VAT0.53 Prompt Payment Discount(0.10) Systems Loss Discount(0.05) Collection Efficiency Discount(0.05) Productivity Discount(0.05) Security Deposit Discount(0.10) Loyalty Discount(0.10) TOTAL4.45
Power Supplier’s Power Rates Month BillAESBGIWESMSMEC August September October November4.65
END OF PRESENTATION Dios Mabalos!