THE Energy Regulatory Commission (ERC) has approved Manila Electric Co.'s (Meralco) power supply agreements (PSAs) with ACEN's Gigasol3 Solar Farm and San Miguel Global Power's San Roque Hydro Power Plant (SRHI).
THE Energy Regulatory Commission has approved Manila Electric Co.'s power supply agreements with ACEN 's Gigasol3 Solar Farm and San Miguel Global Power's San Roque Hydro Power Plant .The deal authorizes Meralco to source its 500 megawatt mid-merit, renewable energy supply requirements from the two firms.
1908 per kWh, without escalation or adjustment.'Asked about the status of Santa Cruz Solar Energy Inc.'s PSA with Meralco, ERC chair and CEO Monalisa Dimalanta said the commission had not finished its evaluation.In July, Meralco announced Gigasol3, SRHI and SCSEI had won the right to supply the 500 MW mid-merit, renewable RE supply requirements.Meralco said that SRHI submitted the lowest total headline rate of P7.1000 per kWh and would supply 340 MW of Meralco's needs. Gigasol3, Inc.
Oks Meralco's Psas With ACEN San Miguel
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