28/08/2024
“Masinloc Power Co. Ltd. was declared the best bid after it offered P5.6015 per kilowatt-hour (kWh) total levelized cost of electricity rate (LCOE), inclusive of line rental cost and value-added tax, for 500-MW capacity,” Meralco said in a statement.
Masinloc Power is a subsidiary of San Miguel Global Power, the power arm of SMC.
“GNPower Dinginin Ltd. Co., meanwhile, offered to supply the remaining 100-MW baseload requirement at an LCOE rate of P5.7392 per kWh,” the company also said.
GNPD operates under the private limited partnership of AboitizPower’s Therma Power, Inc., AC Energy Infrastructure Corp., and Power Partners Ltd. Co.
https://www.bworldonline.com/corporate/2024/08/28/616454/meralco-smc-aboitiz-units-offer-lowest-rates-for-600-mw-supply/