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The Manila Electric Co. (Meralco) started the competitive selection process (CSP) for an unsolicited proposal to supply 500 megawatts (MW) of the company’s mid-merit power requirement starting 2026.
Through its Third-Party Bids and Awards Committee (TBPAC), Meralco invites interested parties to challenge Ahunan Power Inc. (API) which offered a P4.0511 per kilowatt-hour (kWh) headline rate and levelized cost of electricity, exclusive of pumping and charging energy cost for a 20-year contract that will start on Feb. 26, 2026.
Interested challengers have until August 10 to submit their expression of interest with a pre-bid conference to be held on August 11 as actual bid submission deadline is scheduled on September 14.
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