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The Manila Electric Company (MERALCO) will once again roll back its power rates for the second month in a row this March due to lower generation charges and the recent refund ordered...
Lower incomes and operating expenses of the Manila Electric Company (MERALCO) and Global Business Power Corporation (GBP) due to the COVID-19 pandemic were major factors in Metro Pacific Investment Corporation’s (MPIC) 34%...
MERALCO PowerGen Corporation (MGen), the power generating arm of the Manila Electric Company (MERALCO), is seriously considering the use of liquefied natural gas (LNG) for its power plants instead of the previously...
The COVID-19 pandemic and the series of disasters that hit Luzon pulled down the Manila Electric Company’s (MERALCO) consolidated core net income by nine percent to Php21.7 billion in 2020 from Php23.8...
The Manila Electric Company (MERALCO) said that power rates may go down once more this coming March following the Php13.9 billion refund recently approved by the Energy Regulatory Commission (ERC). MERALCO vice...
The Energy Regulatory Commission (ERC) has approved the Manila Electric Company’s (MERALCO) refund to its customers amounting to Php13.9 billion. This would translate to an average refund of Php0.1528 per kilowatt hour...
San Miguel Corporation (SMC) was the big winner in the Manila Electric Company’s (MERALCO) competitive selection process (CSP), as two of its subsidiaries bagged contracts to supply the power giant’s 1,800-megawatt (MW)...
Kingstone Energy, one of the disqualified bidders in the Manila Electric Company’s (MERALCO) ongoing competitive selection process (CSP) to supply the power giant’s 1,800-megawatt requirements, has no registered power project with the...
A consumer group believes that the government’s moratorium on the construction of new coal power projects should have ended Kingstone Energy’s bid to supply part of the Manila Electric Company’s (MERALCO) 1,800-megawatt...
An infrastructure-oriented think-tank is urging the Department of Energy (DOE) to implement stricter rules in the competitive selection process (CSP) of power distribution utilities after three bidders, particularly Kingstone Energy, were disqualified from...
