The Department of Energy (DOE) approved Manila Electric Co.’s (Meralco) power supply procurement plan (PSPP) involving nearly 3,000 megawatts for delivery starting from 2026 to 2032.
Meralco said the DOE approved its 2025 PSPP in a letter dated April 11, 2025, which covers competitive selection process to deliver supply from renewable energy baseload, baseload, mid-merit and RE mid-merit supply.
The country’s biggest power retailer lined up the publication of five CSPs this year which includes 200 MW of RE baseload covering the period Jan. 26, 2026 to Jan. 25, 2030 and 1.426 MW of RE baseload from Feb. 26, 2026 to Feb. 25, 2046.
Meralco targets the publication for the RE baseload capacity this month.
Also included in this year’s CSP publication is the 600-MW baseload capacity for delivery starting Feb. 26, 2028 to Feb. 25, 2043 and 900 MW baseload supply starting Feb. 26, 2030 to Feb. 25, 2045.
Meralco plans to publish the baseload CSPs in May and September.
It also readying the CSP for 300 MW and 150 MW mid-merit supply for delivery Feb. 26, 2028 to Feb. 25, 2043 and Feb. 26, 2029 to Feb. 25, 2044. Publication for the mid-merit CSP is scheduled next month.
Meanwhile, the company is preparing another 300 MW baseload CSP for delivery starting Feb. 26, 2033 to Feb. 2048 with publication tentatively set in the second quarter of 2031.
Meralco also plans to source 500 MW for its RE mid-merit requirement for delivery from Feb. 26, 2032 to Feb. 25, 2052 with publication tentatively set for the second quarter of 2030.
Meralco, with over 8 million customers is mandated to source the least-cost supply to secure its power requirements.
