DOE to open bidding for coal sites by the third quarter

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MANILA, Philippines – The Department of Energy (DOE) is targeting to welcome proposals from potential new coal operators by the third quarter, as it refines rules with a greater focus on bidders’ technical strength.

Speaking to reporters, Energy Secretary Sharon Garin said the agency was still fine-tuning the terms of reference for the bidding of sites with confirmed reserves. These include the highly sought-after coal site that is under a contract with Semirara Mining and Power Corp. (SMPC), which is expiring in July 2027.

READ: Semirara coal mine up for bidding–DOE

But Garin said the government is ready to conduct a prebid conference “within the month.”