The Manila Electric Co. (Meralco) will proceed to negotiate its 850 megawatt (MW) renewable energy power supply requirement following the failure of the second round of the competitive selection process (CSP) for Terra Solar Philippines Inc.’s unsolicited proposal. “We have already started direct negotiations with the original proponent and intend…
The Manila Electric Co. (Meralco) has moved the deadline for the submission of counter offers for the supply of 850 megawatts (MW) of mid-merit renewable energy that the utility firm would need by 2026. Meralco utility economics head Lawrence Fernandez said the bid submission deadline was moved, initially to March…