The Senate has approved on the third and final reading a measure renewing the franchise of the Manila Electric Co. (MERALCO) for another 25 years. In a report by the Philippine Star,...
MERALCO PowerGen Corp. (MGen), a fully owned subsidiary of Manila Electric Co. (MERALCO), is set to increase its shareholding in SP New Energy Corp. (SPNEC) to 50.5% following a substantial acquisition of...
Customers of the Manila Electric Co. (MERALCO) experienced delays in issuing July electricity bills as the distribution company sought guidance from the Energy Regulatory Commission (ERC) for its rates this month. “We...
As part of its initiative to develop micro-modular nuclear power plants, Manila Electric Co. (MERALCO) announced that it is close to completing a full feasibility study with Ultra Safe Nuclear Corp., a...
MERALCO Chairman and Chief Executive Officer Manuel V. Pangilinan expects a strong year with a consolidated core net income (CCNI) of over PHP 40 billion, The company looks to exceed its 2023’s...
MERALCO customers are set to receive a refund in March, according to Ronald Valles, Senior Vice President and Head of Regulatory Management, corresponding to the increase in the Malampaya gas price charged...
In the wake of the recent power outages that crippled Panay Island at the start of the year, the need to ensure the country’s energy security once again comes to the fore...
The Manila Electric Company (MERALCO) is set to release the revised terms of reference (TOR) for its competitive selection process (CSP) concerning the targeted procurement of 1,800 megawatts (MW) of capacity. According...
MGen Renewable Energy Inc. (MGreen), the renewable energy development arm of MERALCO Powergen Corp. (MGen), looks to complete the acquisition of a controlling stake in SP New Energy Corp. (SPNEC) worth Php...
The Energy Regulatory Commission (ERC) has given the green light to terminate two power supply agreements (PSAs) involving power units owned by San Miguel Corporation and Manila Electric Co. (MERALCO), with a...
