Meralco gets 1,220MW offered supply capacity

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Meralco gets 1,220MW offered supply capacity - Business Mirror

Quick Summary:

THE Manila Electric Co.(Meralco) received six offers for the supply of its 400 megawatts (MW) of mid-merit requirement.

Valles earlier said the CSP involves a 15-year power supply agreement (PSA), which is targeted to start on August 26, 2025.“This is open to brownfield or greenfield,” the Meralco official said.

Arances said they are asking the ERC to “reject these contracts as part of their responsibility of protecting the public.” “Otherwise, they will condemn a new generation of consumers to 15 years or more of expensive power,” he added.