December 21, 2018 4:08pm By TED
CORDERO, GMA News
The consortium of Manila Electric
Co. (Meralco) and Japanese partner Marubeni Corp. has submitted the lowest rate
for power distribution in the New Clark City, the Bases Conversion and
Development (BCDA) said Friday.
In a statement, the BCDA said the
Meralco-Marubeni Consortium composed of Meralco, Marubeni, The Kansai Electric
Power Co. Inc., and CHUBU Electric Power Co., Inc. submitted the lower tariff
bid of P0.6188 per kilowatt hour; besting the P0.9888/kwh proposal by the
Aboitiz-KEPCO Consortium of the Olongapo Energy Corp. and KEPCO Philippines
Holdings Inc.
"This was determined during the
Opening of Technical and Financial Proposals held at the BCDA Corporate Center
in Taguig City Tuesday," the BCDA said.
BCDA senior vice president and chief
finance officer Atty. Nena Radoc, chairperson of the Joint Venture Selection
Committee, said the Meralco-Marubeni Consortium would undergo
post-qualification process as part of due diligence before the award.
BCDA is targeting to sign the Joint
Venture Agreement with the winning partner by early next year.
New Clark City is envisioned to be
the first smart, green and sustainable metropolis in the country where locators
and residents will enjoy low utility rates.
BCDA earlier set the tariff ceiling
for power distribution at P1.25/kwh.
New Clark City will have the first
completely smart power grid in the country.
Supported by state-of-the-art
facilities comparable with other smart cities throughout the world, the New
Clark City smart grid also has better reliability standards.
Locators can likewise enjoy access
to real-time information from the distribution utility, allowing them to manage
their electricity consumption more effectively, the BCDA said.
Phase 1 of the New Clark City
development includes the construction of the National Government Administrative
Center (NGAC), and the world-class sports facilities to be used for the
Philippines' hosting of the Southeast Asian Games in 2019. —NB, GMA News
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