Meralco seeks bids for 200-MW renewable energy supply

MANILA ELECTRIC CO.

(Meralco) has launched a competitive selection process (CSP) to procure 200 megawatts (MW) of baseload renewable energy (RE) to comply with its renewable portfolio standards (RPS) obligations, the company said on Monday.

The CSP aims to secure a four-year power supply agreement (PSA) that will cover Meralco’s baseload requirement starting Jan. 26, subject to approval by the Energy Regulatory Commission (ERC), it said in a statement. Th

e launch follows the Department of Energy’s (DoE) issuance of a certificate of conformity on Dec. 4, confirming that the CSP aligns with Meralco’s latest DoE-approved power supply procurement plan. Power

generation companies can submit expressions of interest (EoI) to Meralco’s Bids and Awards Committee by Jan. 6. A pre

-bi

d conference is scheduled on Jan. 15, and the bid submission deadline is Feb. 16. “Thi

s CS

P is consistent with Meralco’s ongoing efforts to expand its supply portfolio from renewable energy while ensuring RPS compliance through a competitive and transparent bidding process,” said Jose Ronald V. Valles, senior

vice-president and head of regulatory management. Distribution u