Taguig court stops bidding for Meralco power supply contracts


MANILA, Philippines — The Taguig Regional Trial Court stopped on Wednesday the Manila Electric Co.’s (Meralco) scheduled auction of contracts to supply 1,000 megawatts (MW) of additional power. The bid submission deadlines for the 600MW and 400MW contracts were scheduled on Aug. 2 and 9, respectively. Through a temporary restraining order (TRO) valid for 72

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