STATEMENT OF SENATOR WIN GATCHALIAN ON THE SECOND COMPETITIVE SELECTION PROCESS OF MERALCO

The competitive selection process (CSP) is meant to ensure consumers that electricity being procured by utilities undergo a fair and transparent bidding process that will yield to the lowest electricity price.

All possible power plants, regardless of whether it is brownfield or greenfield, should be allowed to participate and compete in the CSP. Ito lang ang bukod tanging paraan para masiguro na pinakamababang presyo ng kuryente ang mabibili ng ating consumers.

In the end, electricity being procured by all ulitities will eventually be 100% passed on to the consumers. Hence, an open, transparent, and fair CSP by Meralco is for the best interest of the consumers.