SMC, Aboitiz units top Meralco 600-MW supply bid

Meralco to bid out 600-MW power requirements

MANILA, Philippines — The subsidiaries of energy giants San Miguel Corp. (SMC) and Aboitiz Power could lock in Manila Electric Co.’s (Meralco) 600-megawatt (MW) supply deal after they submitted the lowest offers at a recent bidding.

In a statement on Tuesday, Pangilinan-led Meralco said six groups had joined in the auction, where Mariveles Power Gen Corp (MPGC), Sual Power Inc (SPI), and GNPower Mariveles Energy Center (GMEC) proposed the lowest bid prices.

READ: Meralco bid out for 200MW supply draws big guns

Article continues after this advertisement

SMC, Aboitiz units top Meralco 600-MW supply bid

Related reading

Meralco seeks bids for 600-MW baseload supply requirement

ERC rejects Meralco-San Miguel power supply agreement

Aboitiz Power inks emergency power deal with Misamis Occidental coop

MGen eyes sites for next wave of projects

Meralco unit forms solar JV with Japanese firms

Meralco eyes Albay for possible investment in local power utility