4 days Meralco seals 3 supply deals Manilatimes |Biz
THE Manila Electric Co. (Meralco) on Friday formalized its deals with three energy companies on supplying 1,200 megawatts (MW) of electricity to its customers over the next few years. The power supply agreements (PSAs) Meralco signed with Phinma Energy Corp., San Miguel Energy Corp. and South Premiere Power Corp. at the listed power distributor’s main office in Ortigas Center, Pasig City, were the result of the competitive selection process (CSP) it conducted early this week. Phinma Energy shall provide 200 MW with an all-in headline rate of P4.7450 per kilowatt hour (kWh) and a computed all-in levelized cost of energy ... more