^

Business

Meralco looks for options to conduct CSP

Danessa Rivera - The Philippine Star
Meralco looks for options to conduct CSP
Meralco was supposed to launch its CSP for 1,200-MW greenfield capacity this month, but the bidding process was hampered by the imposition of the 30-day community quarantine in Metro Manila on March 15 to prevent the spread of coronavirus disease 2019 or COVID-19.
STAR / File

MANILA, Philippines — Manila Electric Co. (Meralco) is looking at other options to conduct a competitive selection process (CSP) for the 1,200-megawatt (MW) greenfield capacity as face-to-face meetings are highly discouraged  due to the enhanced community quarantine in Luzon.

Meralco was supposed to launch its CSP for 1,200-MW greenfield capacity this month, but the bidding process was hampered by the imposition of the 30-day community quarantine in Metro Manila on March 15  to prevent the spread of  coronavirus disease 2019 or COVID-19.  An enhanced community quarantine was then implemented in the whole island of Luzon after two days.

Amid the enhanced community quarantine, Meralco head of utility economics Lawrence Fernandez said the power distributor is evaluating how to proceed with the competitive bidding.

“We are walking through the CSP guidelines of the DOE to evaluate the steps that previously entailed face-to-face interactions, including but not limited to the conduct of a pre-bid conference and the submission/opening of bids,” he said.

“We will then study alternatives that would eliminate or minimize face-to-face interactions and seek guidance from the DOE if these will still be compliant with the CSP guidelines,” Fernandez said.

The Meralco official said this is to ensure fairness and transparency in the conduct of the CSP despite limitations.

“The objective is to continue to ensure the transparency and integrity of the selection process,” Fernandez said, adding that “the  third party bids and awards committee will issue an advisory at the appropriate time.”

vuukle comment

MERALCO

Philstar
x
  • Latest
  • Trending
Latest
Latest
abtest
Recommended
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with