3 weeks Meralco CSP draws increased interest MB |Biz
By Myrna M. Velasco The scheduled competitive selection process (CSP) of Manila Electric Company (Meralco) for a supply portfolio of 2,900 megawatts had been swamped with “prospective offers” at the letter of interest (LOI) submission phase that culminated on Monday (July 29). For the 1,200MW tender for brownfield capacity that shall be delivered starting December 2019, there are at least 11 prospective bidders that had been in the utility firm’s roll at this time; and seven (7) interested bidders in the targeted power supply agreements (PSAs) for the 500MW mid-merit and peaking capacity procurements set for delivery also by ... more