Meralco readies additional 480-mw supply
The timely approval of the TOR would help the power distributor ensure the availability of reliable, stable, and least cost-supply for its 7.6 million customers, especially in the 2023 summer months.
Daily TribuneThe timely approval of the TOR would help the power distributor ensure the availability of reliable, stable, and least cost-supply for its 7.6 million customers, especially in the 2023 summer months.
(Photo by Al Padilla)
The Manila Electric Company has started the Competitive Selection Process for 480 megawatts of supply meant to address the increase in demand starting next year and the ongoing Malampaya gas supply restriction.
This came after the Department of Energy approved the Terms of Reference (TOR) for the two CSPs involving Meralco's 300-MW peaking requirement from 26 February 2023 to 25 July 2023; and 180-MW baseload supply from 26 February 2023 to 25 February 2024.
Meralco said the timely approval of the TOR would help the power distributor ensure the availability of reliable, stable, and least cost-supply for its 7.6 million customers, especially in the 2023 summer months.
The Meralco Third Party Bids and Awards Committee called on interested generation companies to participate in the CSP for the two contracts.
Submission of Expression of Interest for either contract is until 5 January 2023; and a Pre-Bid Conference will be held on 12 January 2023.
The Bid Submission Deadline for the 180-MW contract capacity and the 300-MW contract capacity is on 1 February 2023 and 2 February 2023, respectively.
