SMC, Aboitiz units submit ‘best bids’ for 600-MW Meralco supply

Indonesia Berita Berita

SMC, Aboitiz units submit ‘best bids’ for 600-MW Meralco supply
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Masinloc Power Co. Ltd. of San Miguel Corp. and GNPower Dinginin Ltd. Co. of Aboitiz Power Corp. offered the “possible best bids” for Manila Electric Co.’s 600-megawatt power supply requirement during the competitive selection process Tuesday.

MPGC offered P6.4017 per kWh for 200 MW of supply, while QPPL submitted a P6.5487-per-kWh bid for 400 MW of the baseload requirement. “We will now proceed with the post-qualification evaluation prior to issuance of notices of award and execution of PSAs,” Fernandez said.

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