Under the RPS, distribution utilities like Meralco are required to source a portion of its supply requirements from RE sources. The 10-year power supply agreement (PSA) resulting from this CSP will cover Meralco's 350-MW mid-merit requirement starting February 2025, which will increase by 150-MW beginning February 2026. Through its Bids and Awards Committee for PSAs, Meralco called on power generation companies to submit expressions of interest by June 7. Meralco set the pre-bid conference on June 17, while the bid submission deadline is set on July 17.