7 months Meralco to put 2,000MW under public bidding by end-June Manilatimes |Biz
RAMON, ISABELA: Manila Electric Co. (Meralco) is set to solicit proposals on developing two of its coal-fired power plants after the Supreme Court ordered early last month that companies must subject their power-supply agreements (PSAs) to public bidding, a Cabinet official said on Thursday. “For the building capacity, I’d like to inform you that we have sat down with Meralco and we are going to…subject to [the] CSP (competitive selection process) [nearly] 2,000 megawatts [of coal-fired facilities] by the end of this month,” Energy Secretary Alfonso Cusi said in his speech during the switching ceremony for SN Aboitiz Power Inc.’s ... more