Meralco PSA bidder seeks clarification on CSP terms of reference

GNPower Ltd. Co., which is a joint venture of the Aboitiz and Ayala groups, has formally asked clarifications on the terms of reference (TOR) of the Manila Electric Company’s (Meralco) competitive selection process (CSP) – primarily the terms relating to “outage allowance” that shall be prescribed under the power supply agreement (PSA) of the new plant capacity that shall be placed on tender.


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