Solar Philippines Power Project Holdings is close to sealing a supply deal with Manila Electric Co. (Meralco), company officials indicated on Wednesday.

Solar Philippines President Leandro Leviste claimed that the two companies are poised to sign an agreement, while Meralco Vice-President Lawrence Fernandez said that the power firm had a contract for 85 megawatts that would be submitted to the Energy Regulatory Commission (ERC) for evaluation.

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