In relation to the published Invitation to Bid for the Joint Competitive Selection Process for the Aggregated Baseload Supply of Luzon and Visayas On-Grid Electric Cooperatives1 (the “Transaction”) and pursuant to Section II-01 of the Bidding Procedures, the National Electrification Administration-Special Bids Awards Committee (NEA-SBAC) hereby issues Bid Bulletin No. 1.

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