The Manila Electric Company has kicked off a new round of competitive bidding as it moves to secure 200 megawatts of baseload renewable energy capacity, a key step in meeting its Renewable Portfolio Standards compliance and strengthening its long-term clean energy mix.
The Competitive Selection Process was formally launched after Meralco received a Certificate of Conformity from the Department of Energy on December 4, clearing the procurement initiative under the utility’s latest DOE-approved Power Supply Procurement Plan.
Through its Bids and Awards Committee for Power Supply Agreements, Meralco is inviting qualified power generation companies to submit their Expressions of Interest by January 6. The process will continue with a pre-bid conference scheduled for January 15, 2026, while final bid submissions are due on February 16.
The resulting four-year Power Supply Agreement will cover Meralco’s 200 MW baseload requirement starting January 26, subject to approval by the Energy Regulatory Commission. The company said the procurement is designed to ensure stable, reliable renewable supply while maintaining competitive pricing through an open and transparent bidding framework.
Meralco Senior Vice President and Head of Regulatory Management Jose Ronald V. Valles said the CSP aligns with the company’s broader push to diversify its energy portfolio and meet regulatory obligations without compromising system reliability. He noted that competitive procurement remains central to Meralco’s strategy as it scales up renewable energy sourcing.
The latest bidding comes as Meralco continues to make steady progress on its sustainability goals. The utility has already secured contracts totaling 1,536 MW of renewable energy capacity from various suppliers, surpassing its initial 1,500 MW target.
With these additions, renewable energy is projected to account for about 22 percent of Meralco’s total supply portfolio by 2030, reinforcing its transition toward a cleaner and more resilient power system.