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Meralco: SRHI withdraws supply offer due to El Niño

San Roque Hydropower Inc. (SRHI), a unit of SMC Global Power Holdings Corp., withdrew its offer to supply 260 megawatts (MW) of peaking power generation capacity to the Manila Electric Co. (Meralco). SRHI sent its offer to Meralco last March 18. However, last April 13, Meralco received a letter of…

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