BUSINESS
Advocates Philippines
Big Players Line Up As Meralco Seeks New Green Power Supply
Photo credit: Meralco
Meralco is drawing strong interest from the energy sector as it looks to secure more reliable — and greener — power for its customers.
The power distributor announced that 15 power generation companies have already signaled interest in joining its Competitive Selection Process (CSP) for a 200-megawatt baseload supply, which will help Meralco meet requirements under the country’s Renewable Portfolio Standards.
All in all, these companies offered a combined capacity of 725 MW — way more than what’s being bid out.
A pre-bid conference is set for January 15, 2026, while companies that want to formally compete for the contract must submit their bids by February 16, 2026.
Meralco BAC-PSA Chairman Lawrence S. Fernandez said the strong turnout shows trust in Meralco’s procurement process.
He added that the company is hoping to receive competitive, compliant, and affordable offers — all aimed at delivering reliable, sustainable, and least-cost electricity to consumers.
Fernandez also emphasized that Meralco, being a highly regulated utility, remains committed to transparency and fairness throughout the selection process.
The winning bidder will enter into a four-year power supply agreement starting January 26, 2026, subject to approval from the Energy Regulatory Commission.
Looks like the race is on — and competition could mean more stable and cleaner power for millions of Meralco customers.
The power distributor announced that 15 power generation companies have already signaled interest in joining its Competitive Selection Process (CSP) for a 200-megawatt baseload supply, which will help Meralco meet requirements under the country’s Renewable Portfolio Standards.
All in all, these companies offered a combined capacity of 725 MW — way more than what’s being bid out.
A pre-bid conference is set for January 15, 2026, while companies that want to formally compete for the contract must submit their bids by February 16, 2026.
Meralco BAC-PSA Chairman Lawrence S. Fernandez said the strong turnout shows trust in Meralco’s procurement process.
He added that the company is hoping to receive competitive, compliant, and affordable offers — all aimed at delivering reliable, sustainable, and least-cost electricity to consumers.
Fernandez also emphasized that Meralco, being a highly regulated utility, remains committed to transparency and fairness throughout the selection process.
The winning bidder will enter into a four-year power supply agreement starting January 26, 2026, subject to approval from the Energy Regulatory Commission.
Looks like the race is on — and competition could mean more stable and cleaner power for millions of Meralco customers.
Jan 7, 2026
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