The Manila Electric Co. is inviting interested power firms to challenge Terra Solar’s unsolicited bid offer of 850 megawatts of mid-merit renewable energy for 20 years.
“Meralco, through the Third-Party Bids and Awards Committee , hereby invites all interested and qualified parties to participate in the competitive challenge bidding,” Meralco said. The offer includes 600 MW to be made available for Meralco by February 26, 2026; while the additional 250 MW is expected to be delivered starting February 26, 2027.
They must pay P4.25 million in participation fee to become an interested bidder and to obtain bid documents. An additional P2.5-billion bid security is required.
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