Sunday 21 October
Powered by Ajaxy
Oct 18, 2017 @ 18:10

Meralco eyes new power supply deal


Manila Electric Co. (Meralco) is eyeing to close another deal involving the supply of 50 to 100 megawatts of solar power in the next three to six months.

“We’re in discussions with several parties,” Meralco president Oscar Reyes said.

Reyes said offers were made by at least 10 different companies.

The proposals, once accepted, will be subject to a price challenge to comply with the competitive selection process (CSP) rule.

Last year, Meralco signed up 100 MW from Solar Philippines of Bilyonaryo Leandro Leviste and PowerSource First Bulacan Solar Inc. at 50 MW each.

Please follow and like us:

Tags: , , , ,

Related Stories
Manila Electric Co. (Meralco) posted a 4.4 percent uptick in energy sales volume in the
Manila Electric Co. (Meralco) is looking to sign up another 85 megawatts (MW) of solar
US-based energy giant AES Corp. is unloading its 51-percent interest in the Masinloc coal-fired power
Meralco, managed by Bilyonaryo Manny V. Pangilinan, trims its capital expenditure


Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.