The regulator has granted provisional authority to Meralco, San Miguel-led San Roque Hydropower Inc. (SRHI) and ACEN's Gigasol3 Inc. for their respective power supply agreements (PSAs).
SRHI and Gigasol3, along with another ACEN unit, Santa Cruz Solar Energy Inc. (SCSEI), emerged as the winning bidders during Meralco's competitive selection process (CSP) for its renewable energy (RE) supply.
The CSP involves a 10-year PSA for Meralco's 350-megawatt mid-merit requirement starting February next year that will increase by 150 MW by February 2026.
SRHI offered the lowest total headline rate of P7.10 per kilowatt-hour (kWh) for 340 MW of the total requirement.
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Esta historia es de la edición December 10, 2024 de The Philippine Star.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
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