Bidding for Meralco's 850MW RE demand declared a failure

THE competitive bidding for the 850-megawatt (MW) renewable energy (RE) mid-merit requirement of the Manila Electric Co. (Meralco) was declared a failure last Thursday by the Third-Party Bids and Awards Committee (TPBAC). There was no bid offer received on the April 5 deadline to challenge the unsolicited proposal of Terra…

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