Eight bidders named for Meralco supply deal

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MANILA Electric Co. (Meralco) on Thursday identified eight bidders that had expressed interest in supplying 600 megawatts of baseload supply for its power requirements next year.

MANILA Electric Co. on Thursday identified eight bidders that had expressed interest in supplying 600 megawatts of baseload supply for its power requirements next year.In a pre-bidding conference for an ongoing competitive selection process , Meralco said the eight firms were First Gas Power Corp., First NatGas Power Corp., GNPower Dinginin Ltd. Co., Mariveles Power Generation Corp., Masinloc Power Co. Ltd., Quezon Power Ltd. Co., Southwest Luzon Power Generation Corp., and Therma Luzon, Inc.

'This CSP for Meralco's baseload requirement gained the interest of the country's major energy players, and reflects the private sector's continuing efforts to ensure sufficient and cost-competitive supply for consumers,' he added.'Next, we look forward to the bid submissions of these prospective bidders next month.'Four conglomerates are effectively vying for the Meralco contract: the Lopez group , Aboitiz group ; San Miguel Corp.

 

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