August 26, 2024

ERC rules: ‘Longstop date’ is no longer valid as ground for PSA termination

BY Myrna M. Velasco – Aug 24, 2024 11:45 AM from Manila Bulletin At a glance The ERC stated that the acceptable grounds for PSA termination shall only be anchored on conditions such as: bankruptcy or insolvency of the GenCo; […]
August 21, 2024

Meralco to hold auction for 1,000-MW baseload supply

By Lenie Lectura – August 21, 2024 from Business Mirror The Manila Electric Co. (Meralco) said Tuesday it will resume the competitive selection process (CSP) for its 1,000-megawatt (MW) supply requirement. In a bid bulletin for the CSP of 600 […]
July 22, 2024

ERC asked to scrutinize terms of Meralco auction

By Lorenz S. Marasigan – July 22, 2024 from Business World The Energy Regulatory Commission (ERC) was urged on Sunday to temporarily halt the Manila Electric Co.’s (Meralco) auction for an additional 600 megawatts (MW) of power, with a lawmaker […]
July 4, 2024

Meralco gets 1,220MW offered supply capacity

By Lenie Lectura – July 3, 2024 from Business Mirror THE Manila Electric Co. (Meralco) received six offers for the supply of its 400 megawatts (MW) of mid-merit requirement. “By yesterday’s deadline to express interest to participate in the 400MW […]