The Third-Party Bids and Awards Committee declared the second round of CSP a failure as it did not receive any expression of interest from a prospective bidder by the April 29 deadline.
The TPBAC further said since there was no outstanding dispute on the first and second rounds of CSP of the contract, the distribution utility might enter into direct negotiation of the 180-MW contract capacity requirement, also as provided by the revised CSP rules. The 180-MW supply forms part of the 350-MW power requirement that Meralco needs to augment its available supply during the dry months.
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