Third Party Bids News Today

The offer to supply the 500 megawatts (MW) of renewable energy (RE) mid-merit power capacity requirement of the Manila Electric Co. (Meralco) will again be subjected to competitive challenge. In a final bid invite released on Thursday, Meralco is soliciting bids for the 500MW RE contract capacity. The Third-Party Bids…

GenCos want DOE to ensure NGCP compliance to bidding rules By MYRNA M. VELASCO To end the Filipino consumers’ distress over recurring brownouts and rate spikes, especially during the summer months, the country’s power generation companies (GENCOs) are seeking the imprimatur of the Department

BY CHRYSEE G. SAMILLANO The secretary general of Power Watch-Negros will be submitting a position paper during a public hearing today at the Sangguniang

THE Manila Electric Co. (Meralco) will conduct more competitive biddings, possibly this year, for 900 megawatts (MW) of power supply requirement. “Based on the approved PSPP [power supply procurement plan], we have the 200 MW baseload for RE (renewable energy) to comply with RPS [renewable portfolio standards] requirement. And another…

Manila Electric Co. has commenced negotiations with Terra Solar Philippines Inc. to supply 850 megawatts of mid-merit renewable energy after two failed biddings.

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) will resort to negotiated procurement of 180 megawatts (MW) of baseload capacity after the second round of competitive selection process (CSP) failed anew. Meralco said the Third-Party Bids and Awards Committee (TPBAC) informed the utility firm that it did not receive any Expression of Interest…

The competitive auction for ancillary services (AS) is now a go, according to the bid invite of the National Grid Corporation of the Philippines (NGCP). In a notice published on its website on Monday, the NGCP is inviting all interested grid-connected merchant plants and independent power producers to apply for…

Manila Electric Co. is seeking bidders for 1,030-megawatt supply for its franchise area.

THE Manila Electric Co. (Meralco) wants the power supply agreement (PSA) for the proposed 180megawatts (MW) of baseload supply to be valid for five months since the Competitive Selection Process (CSP) has yet to commence. The utility firm’s proposed 180MW CSP runs from May 26 to July 25 this year.…