Buoyed by the strong financial showing of its power generation business portfolio, the consolidated core net income of power utility giant Manila Electric Company (Meralco) had surged 53-percent to P30.023 billion in this year’s nine-month period versus P19.605 billion within a comparative period...
Katrina Maria S. Razon, daughter of tycoon Enrique K. Razon Jr., has recently been appointed to the board of directors of Manila Water Co. Inc. In a disclosure to the Philippine Stock Exchange on Monday, Nov. 6, the East zone water concessionaire announced that the 32-year-old Razon has taken on...
East zone concessionaire Manila Water Co. announced water interruptions in 16 barangays within Makati, Quezon City, and Taytay, Rizal. According to the water utility, a city-wide interconnection activity in Makati will cause little to no water pressure during the late evening to early morning....
The Metropolitan Waterworks and Sewerage System (MWSS) has announced that the Angat Hydro-Electric Powerplant (AHEPP) will undergo a temporary shutdown of two-months to make way for its repairs and rehabilitation. In an effort to enhance the efficiency and reliability of the AHEPP, the MWSS stated...
A subsidiary of Manila Water Co. that provides water services in several municipalities in Laguna paid out its dividends to the local government for last year. In a statement, Laguna Water announced that it paid P186 million in dividends to the Provincial Government of Laguna (PGL) as a...
East zone water concessionaire Manila Water Co. will conduct service improvement activities in two cities and two municipalities in Metro Manila starting Thursday, Oct. 26. According to Manila Water, ongoing line maintenance will cause little to no water in Quezon City, Cainta and Antipolo in...
The Metropolitan Waterworks and Sewerage System (MWSS), along with Manila Water Co. and Maynilad Water Services, Inc. signed a memorandum of agreement (MOA) to protect three watersheds by 2047. Spearheaded by the MWSS, the Integrated Watershed Management Roadmap for Angat, Ipo, and La Mesa...
East zone concessionaire Manila Water Co. will conduct service interruptions in Rizal, San Juan, and Quezon City starting Oct. 23 to 26. According to Manila Water, little to no water will be experienced during the late evenings to early mornings due to line maintenance and leak repairs. Meanwhile,...
Boracay Water, a subsidiary of Manila Water Co., will provide free sewer connections to residents on the island. In a statement, Manila Water said the company has allocated P108 million for the installation of sewage lines for around 1,860 households located within a distance of 60-100 meters from...
Yindjibarndi Energy Corporation (YEC), a subsidiary of Ayala-led ACEN Corporation has inked a preliminary deal with London-headquartered Rio Tinto for development collaboration on the latter’s targeted energy usage shift to renewable energy in its Australian mining operations. In a press...
East zone concessionaire Manila Water Co. has expanded its customer reach to 7.6 million. In a statement on Thursday, October 19, the water utility company said it achieved a total of one million connections in service expansion over the past 26 years. As of July 23, Manila Water was able to...
SP New Energy Corporation (SPNEC) is planning a follow-on offering to raise additional capital as well as to increase its public float specially after this will be further reduced once MGen Renewable Energy Inc. (MGreen) comes in as its new controlling shareholder. In a disclosure to the Philippine...
