With your meaningful insights, help shape the stories that can shape the country. The NBA Finals begin in the Lake Buena Vista bubble this morning and it’s the first time that two teams are battling for the trophy after missing the playoffs the previous year. Meralco recently posted the initial Terms of Reference (TOR) or terms of the bidding for a total of 2,900mw of power supply in three packages. This is a classic squeeze bunt strategy to limit bidders and one of the oldest tricks in the bid manipulation playbook. But is Meralco really doing an honest to goodness bidding of its power supply contracts? US Treasury okays loan deal with 7 airlines, IT firm seeks to upskill 10,000 young Filipinos, Buenos Aires’ TecPlata terminal starts receiving Far East imports. I apologize to our readers, I don’t have P6 million lying around to buy the bid documents. Click here. MatuwidnaSingilsaKuryente Consumer Alliance Inc. The coverage shall be expanded after two years to customers with a 750 kW individual or aggregated demand. new power plants of all sizes to join the bidding of their power requirements And you have to pay millions to see it. Drawing hundreds of employee-participants from the MVP group of companies, this year’s eco-campaign included coastal and underwater clean up and environmental protection lectures. Bulatlat.com. Fortunately, in time before this bleakness swallows their whole beings, corporations, institutions, schools and even individuals go out of their way to help those in need of immediate attention. once applied on all CSP, would give small power-generation companies an
Loma de Gato in Marilao, Bulacan recently benefited from the gift of light given by One Meralco Foundation under its Community Electrification Program. A senior advisor of the Institute for Climate and Sustainable Cities (ICSC) is supporting the suggestions of the DOE for Meralco to allow more power firms to participate in the CSP that involves the supply of 1,200-MW greenfield capacity. But Meralco argued there would be concerns on economics – especially on the perspective of the lenders, if the competition shall be between greenfield-to-brownfield capacities; and if the capacities will be split to undefined scale like strips of 1.0MW or 100MW and other variants. This is to support and echo Socio-Economic Planning Sec. Meralco said its bid notice calls for the submission of offers for 1,200 MW net greenfield capacity- and the start of power delivery to its load network shall be by year 2024. They were ordered to conduct Competitive Selection Process, which the Supreme Court said is necessary to protect the public from being abused. “The issue transcends Meralco’s CSP rules, The Securities and Exchange Commission (SEC) has approved the shelf registration of the preferred shares of conglomerate San Miguel Corp. (SMC), which will immediately offer some P20 billion worth of shares. You know what the real problem? reduction of around P0.13 per kWh for consumers, starting December 26, 2019. The 20-year contract for 1,200-MW Dilution of generation ownership will become a disincentive to market power abuse by distribution monopolies. per kWh (VAT inclusive).
& Development Foundation, also said that Energy Secretary Alfonso G. Cusi’s
The resulting prices from the CSP are I agree to all that you have explained in this article. There are better mechanisms to achieve power reserves. Clearly this bid package is a play for Atimonan One. price for the entire capacity will win, which would exclude small RE companies 6. Learning about the plight of the residents of KACSA, Meralco and the Foundation stepped in in 2014 and determined the possibility of energizing the community through the household electrification program. 11 in accordance with the Department of Energy (DOE) Circular requiring “Meralco will have a very competitive electricity supply portfolio sourced from existing generating plants and from new highly efficient baseload, mid-merit and peaking power plants the company’s power generation subsidiary is putting up to meet customer requirements. Maniego, former chairman of the National Meralco's 25-year franchise for these markets, awarded in 2003, gives the company control of the energy distribution services for an area of more than 9.3 thousa… authority and/or interim relief to implement the PSA by December 26.
Meralco will perform a final inspection before installation of meter.
A. 8. With electricity accessible in their homes, schools and communities, progress is at their fingertips. One Meralco Foundation spreads the light all over the country: from the Calayan Islands in the north to Davao del Sur in the south. As a loving wife and mother of four children, she prepares the breakfast of her family to fuel their day at work and school, respectively. fall, as evidenced by historical data and studies,” he added.
What is your product’s value proposition? And maybe some expiring contracts of Meralco and of Aboitiz in Cebu. This Meralco CSP,whether it ends up happening or failing, have the makings of being very expensive for the consumers. Meralco’s corporate social responsibility arm, One Meralco Foundation (OMF) ended 2016 with a record accomplishment in energizing 23,750 low income households in the Meralco franchise area and 170 public schools in remote island and mountain communities in the Philippines. The auction, via CSP, was held last September
very competitive rate, the supply availability under the PSAs is guaranteed 100
Jose Ronald V. Valles, first vice president and head of regulatory management of Meralco, indicated that their company “continues to work with the DOE and the Energy Regulatory Commission (ERC) to ensure the completion of the succeeding biddings.”, He added “Meralco is confident that the next round of bidding will be successful once again, as this will contribute to adding much-needed capacity to the Luzon grid, as well as bring power rates further down for the benefit of our consumers.”. President Duterte’s speech before the United Nations General Assembly has opened more discussions with all parties in... Philippine coaches divided on NBA Finals picks.
Share prices rose yesterday, slightly recovering after days of being stuck in negative territory, propped up by property... ‘Duterte UN speech opens more discussions on sea row’. Given that, we feel that we owe it to our customers to continue giving them the option for full service that we’ve provided for years,” Reyes said.
Of the three bid packages, only the first one is part of the seven (7) midnight contracts of 3,551mw. This value may create by increasing differentiation in existing product or decrease its price. (SMEC). BOX769.
Annual MEOT but bidders can offer only up to 45% of the plant capacity factor. MERALCO alleged the following in its Application: 2. We are starting with this because this is the one that appears to have a realistic and feasible bid scope. One sunny afternoon in 2011, Lt Col Stephen L Cabanlet and his fellow members of the Philippine Marine Corps stationed in Sulu decided to play football in a field just outside of their detachment. Once again this terms of reference have been “shaken and baken” and designed to fail. BY PETE L. ILAGAN THE NATIONAL ASSOCIATION OF ELECTRICITY CONSUMERS FOR REFORMS, INC. (NASECORE) Bulatlat.com This is to support and echo Socio-Economic Planning Sec.