Cayetano seeks to postpone Meralco bidding

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Cayetano seeks to postpone Meralco bidding
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Senator Alan Peter Cayetano has filed a resolution to postpone the bidding for the Manila Electric Company’s 600-megawatt and 400-megawatt power supply requirements until its terms of reference are reviewed to ensure fairness in the selection of bidders and arrive at the true lowest cost for the supply of energy.

Cayetano had initially raised these concerns during a public hearing by the Senate Committee on Energy on July 18 on the impending depletion of Malampaya gas and the country’s transition to cleaner fuel sources. This, he added, is “contrary to the policy and objectives of the EPIRA and Department Order No. 002023-10-0022 of transitioning to a clean energy mix.”

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