THE Manila Electric Co. (Meralco) has started the Competitive Selection Process (CSP) for an unsolicited proposal to supply 500 megawatts (MW) of the company's mid-merit power requirement starting 2026.
Through its Third-Party Bids and Awards Committee, Meralco invites interested parties to challenge Ahunan Power Inc. (API), which offered a P4.0511 per kilowatt-hour (kWh) headline rate and levelized cost of electricity, exclusive of pumping/charging energy cost, for the 20-year contract that will start on Feb. 26, 2026.
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