Bidding process for power must be changed

THERE's no arguing the necessity of an additional supply of power following the country's recent episode in red and yellow alerts brought on by a spike in demand at the height of record heat just a few weeks ago.

It allowed the Indonesian-controlled Meralco*, the lone power distribution utility in the National Capital Region (NCR), which remains to be the nucleus of the Philippine economy, to acquire up to 3,000MW of additional electricity supply.