The Manila Electric Company (MERALCO) has spent Php10.9 billion in capital expenditures (capex) in the first three quarters of the year, spurred by the easing of quarantine restrictions due to the COVID-19...
More power generation firms have signified their interest to take part in the Manila Electric Company’s (MERALCO) competitive auction to fill its 1,800-megawatt power requirement. MERALCO utility economics head Lawrence Fernandez said...
The Manila Electric Company (MERALCO) said that it may take several days before power in its entire franchise area is fully restored following the onslaught of Typhoon Ulysses over Luzon on Thursday....
After announcing a rate cut for November, the Manila Electric Company (MERALCO) is watching for a possible hike in power rates in December due to the Malampaya gas platform’s maintenance shutdown from...
Consunji-owned Semirara Mining and Power Corporation (SMPC) said in a disclosure to the Philippine Stock Exchange on Tuesday that it has terminated its four-year joint venture agreement (JVA) with the Meralco Powergen...
As Luzon awaits the landfall of Typhoon Ulysses, the National Electrification Administration (NEA) has pegged the damage to electric cooperatives brought by Super Typhoon Rolly at Php369.8 million as of November 9....
The liquefied natural gas (LNG) venture of tycoon Lucio Tan seeks to cater to the electricity needs of the Manila Electric Company (MERALCO), the country’s largest power distributor. Batangas Clean Energy, Inc.,...
The Manila Electric Company (MERALCO) is cutting power rates for its consumers by Php0.0395 per kilowatt hour (kWh) to Php8.5105/kWh effective today from Php8.55/kWh in October. The lower electricity rate comes as...
Meralco PowerGen Corporation (MGen) is aiming to invest in renewable energy (RE) technologies generating a total of 2,000 megawatts (MW). While MGenPresident and CEO Rogelio Singson clarified that the previous 1,000 MW target...
San Miguel Corporation (SMC) looks forward to build more liquified natural gas (LNG) power plants with a total capacity of over 5,000 megawatts (MW) in the coming years, its President and CEO Ramon...
