Department of Energy (DOE), power utility giant Manila Electric Company (Meralco) has issued its new invitation to bid (ITB) for its scheduled competitive selection process (CSP) for 1200-megawatt greenfield baseload capacity or a power plant that could provide into its portfolio a reliable round-the-clock electricity supply.

Meralco`s 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. The full contract capacity has a scheduled commercial operations date (COD) of September 2024. The required contract period will be 20 years.

Meralco further announced that its third party bids and awards committee (TPBAC) chaired by lawyer Ferdinand Domingo shall conduct a pre-bid conference on January 20, 2020 and the bid submission and opening will take place soon after February 17, 2020.