By Alena Mae S. Flores – February 19, 2021 at 09:15 pm from manilastandard.net Excellent Energy Resources Inc. and Masinloc Power Partners Co. Ltd., both controlled by San Miguel Corp., submitted the "two best bids" for Manila Electric Co.'s 20-year, 1,800-megawatt supply contract. Meralco's third-party bids and awards committee for the competitive selection process identified the two companies with the best bids of the six qualified offers it received. "Pursuant to Section 5 of the Instructions to prospective bidders, the aforesaid bidders with the best bids will now undergo post-qualification within seven days from date hereof. Thereafter, the TPBAC shall issue respective notices of award in favor of those who satisfactorily passed post-qualification," the five-man committee said in a notification of best bids Friday.