An emergency power supply agreement for 330 megawatts (MW) between Manila Electric Co. and an affiliate firm of San Miguel Corp. is awaiting approval of the Energy Regulatory Commission, according to Ronald Valles, Meralco first vice president and head of regulatory management office.
Valles said in a briefing on Monday South Premiere Power Corp. (SPPC) was the lone proponent that offered to supply the capacity requirement for Aug. 26, 2023 to March 25, 2024.
SPPC operates the 2×600 MW Ilijan combined cycle power plant in Batangas.
Meanwhile, Meralco said its subsidiary will continue to pursue the development of additional power generation plants, particularly a natural gas-fired plant in Atimonan, Quezon Province.
“For the Atimonan (power generation plant), the amendment on the ECC (environmental compliance certificate) is ongoing and we hope to convert the coal to gas by October of this year. We are still awaiting for Meralco’s CSP (competitive selection process) guidelines and hopefully it could happen early next year and that is the time that Atimonan will bid,” said Jaime Azurin, Meralco PowerGen Corp. (MGen) president.
