The Energy Regulatory Commission (ERC) has reaffirmed that the distribution utilities (DUs) can already implement tariff pass-on for capacities procured via emergency power supply agreements (EPSAs) even without securing provisional regulatory approval.In an advisory issued by the ERC, it stipulated...
Giant players in the domestic power industry will gear up for a new round of battle for their offers in the 400-megawatt capacity procurement of Manila Electric Company (Meralco) that will satiate mid-merit capacity in its supply portfolio.Listed as prospective bidders in Meralco’s competitive...
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 bid...
As the Taguig regional trial court (RTC) has junked the bid for injunctive relief of the Malampaya consortium members, power utility giant Manila Electric Company (Meralco) indicated that it is already planning to reschedule the competitive selection process (CSP) or bidding for the procurement of...
Senator Alan Peter Cayetano has filed a resolution seeking to postpone the bidding for Manila Electric Company’s (Meralco) 600-megawatt and 400-megawatt power supply requirements.(Photo from the Office of Senator Alan Cayetano)In filing Senate Resolution 1090 dated July 29, Cayetano said that this...
The Manila Electric Co. (Meralco) assured that it practices the government-mandated competitive selection process (CSP), which involves an open and transparent manner to ensure that consumers benefit from sufficient least-cost supply.“We would like to reiterate that Meralco strictly observes and...
Power utility giant Manila Electric Company (Meralco) has secured three contracts for a total of 500-megawatt capacity that will satiate its requirements for renewable energy (RE) supply portfolio as prescribed under the government-enforced Renewable Portfolio Standards.The tariffs cornered by the...
By MYRNA M. VELASCOThe Department of Energy (DOE) is scheduling this September the second round of auction for off-grid sites that will target the provision of electricity access to more than 12,200 households.In a media statement, the department indicated that the submission and opening of...
At least eight companies are eyeing to corner the 600-megawatt capacity that is slated for auction by power utility giant Manila Electric Company (Meralco) to beef up its supply portfolio starting August next year.In a pre-bid conference on Thursday (July 4), the Filipino-owned companies which...
The Department of Energy (DOE) will be rescinding its order mandating the conduct of joint competitive selection process (CSP) for the electric cooperatives (ECs) in their aggregated procurement of capacities from gas-fired power facilities.According to Energy Undersecretary Sharon S. Garin, “the...
The Manila Electric Co. (Meralco) has secured the best bid from Limay Power, Inc. (LPI) to meet its 400-megawatt (MW) power supply requirements.In a statement, Meralco said that two out of the three bidders that initially showed interest in the competitive selection process (CSP) have submitted...
