Meralco seeks bids for 500 MW renewable energy supply

• 5 months ago (2024-05-27)
• David Flin

Asia 892 Renewables 776

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Manila Electric Co (Meralco) of the Philippines has started a competitive selection process for 500 MW of mid-merit renewable energy capacity.

This forms part of Meralco’s commitment to securing an increasing portion of its supply requirements from renewable sources.

The 10-year Power Supply Agreement (PSA) for this will be for 350 MW from February 2025, increasing by 150 MW to 500 MW from February 2026.

Meralco calls for expressions of interest to be submitted by June 7. The pre-bid conference is scheduled for June 17, while the bid submission deadline is set for July 17.