The Energy Regulatory Commission (ERC) has firmly laid down that longstop date provision in power supply agreements (PSAs) will no longer be accepted downright as ground for unilateral contract pre-termination; and the allowable timeframe for regulatory approval shall also be within 270 days or at...
Power utility giant Manila Electric Company (Meralco) has rescheduled to August 27 this year the final submission of offers for its 600-megawatt baseload capacity sourcing that will be slated for delivery by August next year. In a new bid bulletin issued on Monday, Aug. 19, Meralco specified that...
As the Taguig regional trial court (RTC) has junked the bid for injunctive relief of the Malampaya consortium members, power utility giant Manila Electric Company (Meralco) indicated that it is already planning to reschedule the competitive selection process (CSP) or bidding for the procurement of...
The regulator-approved pass on of the deferred charges of First Gen Corporation on its gas use for power generation and capital recovery on liquefied natural gas (LNG) import facility investment will hike Meralco rates by P0.32 to P0.33 per kilowatt hour (kWh) starting in its October billing to...
The mammoth Terra Solar project of SP New Energy Corporation (SPNEC) of the Manila Electric Company (Meralco) group which will command aggregate investment of P190 billion has secured ‘green lane certification’ from the Board of Investments (BOI) that will enable it to avail of fast-tracked and...
Meralco logo The consolidated bill that seeks to grant the Manila Electric Co.(Meralco) a new 25-year franchise has been approved by the House Committee on Legislative Franchises. Committee Chairman Paranaque City 2nd district Rep. Gus Tambunting told the panel...
There’s still no way out for many consumers on upturn in their electric bills, as the pass-on tariff of power utility giant Manila Electric Company (Meralco) will slightly go up by P0.0327 per kilowatt hour (kWh) in this August billing cycle. Following that upward adjustment, the overall rate to...
Cagayan de Oro City 2nd district Rep. Rufus Rodriguez (Facebook) Cagayan de Oro City 2nd district Rep. Rufus Rodriguez had this to say Sunday, Aug. 11, a day ahead of the resumption of the House Committee on Legislative Franchises' hearing on bills that...
MSpectrum, the solar solutions subsidiary of Manila Electric Company (Meralco), will be installing a solar facility that will help meet the electricity needs of agri-business firm May Harvest Corporation for its poultry meat processing facility in Bulacan province. In the agreement sealed by the...
Power utility giant Manila Electric Company (Meralco) will cough up fresh investments for the construction of new substations that will support the real estate buildout of Ayala Land inc. According to the power firm, the major projects it will be pursuing for the Ayala firm will be substations to...
Senator Alan Peter Cayetano has filed a resolution seeking to postpone the bidding for Manila Electric Company’s (Meralco) 600-megawatt and 400-megawatt power supply requirements. (Photo from the Office of Senator Alan Cayetano) In filing Senate Resolution 1090 dated July 29, Cayetano said that...
Power utility giant Manila Electric Company (Meralco) is extending its investment interest to other nuclear technologies like small modular reactors (SMR) and conventional nuclear fleets – and that could include the planned repowering of the idled Bataan Nuclear Power Plant (BNPP) if the...
