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HomeMoneyMERALCO SEEKS SUPPLIERS FOR 900-MW BASELOAD REQUIREMENT

MERALCO SEEKS SUPPLIERS FOR 900-MW BASELOAD REQUIREMENT

The Manila Electric Company (Meralco) has started the Competitive Selection Process (CSP) for 900 megawatts (MW) of baseload power supply.

This follows the Department of Energy’s (DOE) issuance of a Certificate of Conformity on the Terms of Reference (TOR) for the Power Supply Agreements (PSAs) covering the power distributor’s 900-MW baseload requirement by 2031.

Through its Bids and Awards Committee (BAC) for PSAs, Meralco called on power generation companies to submit Expressions of Interest by October 15, 2026.

The Pre-Bid Conference is scheduled for November 6, while the Bid Submission Deadline is set on December 9.

The 15-year PSA resulting from this CSP will cover the delivery of 600-MW supply by February 26, 2031, and an additional 300 MW by February 26, 2032 — subject to the approval of the Energy Regulatory Commission.

Through the CSP, Meralco continues to secure sufficient and reliable power supply to meet the growing electricity needs of its customers.

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