Ang- and Razon-linked firms among prospective waste-to-energy winners

Businesses linked to Ramon Ang and Enrique Razon Jr. are among nine prospective winners selected by the Philippine Department of Energy (DOE) in its first special waste-to-energy auction. Projects under the auction are expected to supply electricity by Dec. 31, 2029.

The DOE identified Razon-led Prime Integrated Waste Solutions Inc. for 23 megawatts (MW) in Luzon. Pan Pacific Renewable Power Phils. Corp., an associate of Ang’s San Miguel Global Power, was listed for two Luzon projects representing 114 MW.

The other prospective Luzon winners were San Mateo Sanitary Landfill and Development Corp. and International Solid Waste Integrated Management Specialist Inc., each with 84 MW; Manila Integrated Environment Corp., with 76 MW; LECRA Eco Sustain Philippines Inc., with 13.8 MW; and North Maharlika Energy Corp., with 10.2 MW.

In the Visayas, Forza Development Corp. was named for a 12 MW project, while the Davao City government was selected for 11 MW in Mindanao.

Capacity offers reached 428 MW against an installation target of 400 MW. Following evaluation and validation, the DOE arranged qualifying bids in ascending price order and matched them against that target. All offered prices were below the approved auction reserve price.

Certificates of award remain conditional on bidders fulfilling post-auction requirements. Energy Secretary Sharon Garin said developers must establish their readiness to deliver and satisfy the required conditions.

The DOE said operating facilities could add electricity during high-demand periods, including those linked to El Niño. They could also supplement local waste management by processing suitable municipal solid waste and potentially reduce flooding by keeping waste out of waterways and drainage systems, the department said.