Defining the News
Power retailer Manila Electric Company said Wednesday it launched the competitive selection process or bidding for 600 megawatts of baseload supply to meet its requirements next year.
The TOR provides that “power suppliers with natural gas fired power plants are highly encouraged to participate in the Bidding and prioritize the use of indigenous natural gas.”Meralco’s bids and awards committee for PSAs set the deadline for submission of interest on June 25, 2024. The pre-bid conference is scheduled on July 4, while the bid submission deadline is Aug. 2.
Meralco recently started the bidding for 500 MW of mid-merit renewable energy capacity. The 10-year power supply agreement will cover Meralco’s 350-MW mid-merit requirement starting February 2025, which will increase by 150 MW beginning February 2026.The conduct of the CSP is in compliance with the Department of Energy’s policy on renewable portfolio standards and forms part of the company’s commitment to source an increasing portion of its supply requirements from RE sources.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Meralco launches bidding for 600-MW baseload supplyDefining the News
Read more »
SKorea 'receives' 600 more waste balloons(UPDATED) SEOUL — North Korea has scattered about 600 more 'waste balloons' containing garbage including cigarette butts and plastic across the border, Seoul's armed forces said Sunday.
Read more »
North Korea sends 600 more balloonsDefining the News
Read more »
SKorea 'receives' 600 more waste balloonsSEOUL — North Korea has scattered about 600 more 'waste balloons' containing garbage including cigarette butts and plastic across the border, Seoul's armed forces said Sunday.
Read more »
600 more cops deployed in NCR over shootingsIn response to a spate of shooting incidents last month, the Philippine National Police has deployed at least 600 police officers to augment its forces in the National Capital Region.
Read more »
Small Car, Big Features: 2024 Kia EV3 revealed with 600 km rangeThe EV3 is Kia's idea of making EVs more affordable to buyers
Read more »