MANILA Electric Co. has secured a certificate of exemption from the DoE from the competitive selection process (CSP) for the supply of 670 megawatts of power after a TRO suspended its deal with a unit of SMC Global Power Holdings Corp.
“We have secured a certificate of exemption from the DoE. It was issued last week, but that is only for — since the TRO is only for — 670 MW. The certificate of exemption is only covering that,” Jose Ronald V. Valles, Meralco first vice-president and head of its regulatory management, told reporters on Monday.
“What we have negotiated so far is with Aboitiz, their Dinginin, but only for 300 MW covering a period of two months, until Jan. 25. We are now looking for additional power supply,” he added. He said they will talk to First Gen Corp. as Malampaya gas is fully allocated to the company’s plants. However, the PNOC has yet to deliver the banked gas. SMC Global Power said the gas will support the fuel requirements of Ilijan power plant until February 2024.
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