The price offers from the coal plants of San Miguel Corporation and Aboitiz Power Corporation have been declared as best ‘lowest bids’ and prospective winners in the 600-megawatt supply procurement of power utility giant Manila Electric Company. The lowest acceptable price tenders in the...
Power utility giant Manila Electric Company (Meralco) has rescheduled to August 27 this year the final submission of offers for its 600-megawatt baseload capacity sourcing that will be slated for delivery by August next year. In a new bid bulletin issued on Monday, Aug. 19, Meralco specified that...
BY MYRNA VELASCO The ongoing geothermal exploration and development activities of the Sy-led Philippine Geothermal Production Company, Inc. (PGPC) will beef up the country’s baseload power capacity by up to 400 megawatts (MW), once the steam output would already be fed into offtaker-generating...
Following two failed biddings due to lack of challengers, power utility giant Manila Electric Company (Meralco) has decided to pursue a "negotiated deal" with Solar Philippine Batangas Baseload Corporation’s (SPBBC) on its targeted procurement of 200-megawatt baseload capacity that will be...
Power utility giant Manila Electric Company (Meralco) has already kicked off the competitive selection process (CSP) or bidding for the procurement of additional 480 megawatts of capacity that would augment power supply, especially during the peak demand-months of summer. Based on approval rendered...
Battery energy storage system (BESS) can now be prudently positioned as a technology solution that can thrive on a cost-competitive basis as well as a viable application, especially on the sphere of ancillary services (AS) or the technology support to guarantee reliable operations of the power...
Power utility giant Manila Electric Company (Meralco) is lining up series of competitive supply selection processes (CSPs) for 1,400-megawatt capacity requirement in the immediate to medium-term. According to Atty Jose Ronald Valles, first vice president and head of regulatory at Meralco, after the...
Power utility giant Manila Electric Company (Meralco) will be undertaking fresh round of competitive selection process (CSP) to auction power supply agreements (PSAs) covering 1,100 megawatts for its baseload and mid-merit power requirements. Atty. Jose Ronald Valles, first vice president and...