ERC postpones decision on two Meralco PSAs

erc-postpones-decision-on-two-meralco-psas

The Energy Regulatory Commission (ERC) has put on hold its decision on the power supply agreements (PSAs) of the Manila Electric Co. (Meralco) with Mariveles Power Generation Corp. (MPGC) and Global Luzon Energy Development Corp. (GLEDC).

The PSAs, signed in May, still do not have environmental compliance certificates (ECC).

MPGC is going to build a 4×150-MW circulating fluidized bed coal-fired power facility in Bataan and is scheduled to begin operations in four years. Under its deal with Meralco, MPGC will supply 528 MW of capacity to Meralco.

Meralco’s link with GLEDC involves the power distributor sourcing up to 600 MW of capacity from the power producer.

GLEDC is planning to build a 2×335-MW coal-fired power plant in La Union projected to be operational by 2022.

ERC said the two companies still do not have their ECC from the Department of Environment and National Resources (DENR).

This month, the ERC also released the names of pending applications without ECCs.

“The Commission shares the DENR’s concern in ensuring the protection of the environment and is determined to help safeguard the people’s right to a balanced and healthful ecology in accordance with the Constitution,” the ERC said.

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