10 firms eye PH’s first natural gas auction

MANILA, Philippines — Ten companies, including those backed by power giants, have expressed interest in joining the country’s first mid-merit natural gas bidding. Among those vying to secure contracts are Prime Infra, featuring its massive gas assets: 1,000-megawatt (MW) Sta. Rita, 600-MW Sta. Maria, 500-MW San Lorenzo and 420-MW San Gabriel natural gas-fired combined cycle power