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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.