Three power firms are interested to participate in the competitive auction for the supply of 170 megawatts (MW) to the Manila Electric Company (Meralco). “The TPBAC [Third-Party Bids and Awards Committee] received expressions of interest from three interested bidders. The aggregate offered capacity totaled 270MW,” Meralco utility economics head Lawrence…
A day before the deadline for the submission of bid offers for the supply of 170 megawatts (MW) to the Manila Electric Co. (Meralco), the utility firm urged power generation companies (gencos) to join the competitive selection process (CSP). Through the Third Party Bids and Awards Committee (TPBAC), Meralco said…
THE “Contract for the Supply of Electric Energy,” or CSEE, between the Manila Electric Co. (Meralco) and the Power Sector Assets and Liabilities Management Corp. (Psalm) will result in savings to consumers of about P76.79 million. In an application filed by Meralco and Psalm before the Energy Regulatory Commission (ERC),…