SMC, Aboitiz units top Meralco 200-MW supply bid

MANILA, Philippines — The subsidiaries of energy giants San Miguel Corp. (SMC) and Aboitiz Power could lock in Manila Electric Co.’s (Meralco) 600-megawatt (MW) supply deal after they submitted the lowest offers at a recent bidding. In a statement on Tuesday, Pangilinan-led Meralco said six groups had joined in the auction, where Mariveles Power Gen Corp (MPGC), Sual