Power utility giant Manila Electric Company (Meralco) is aiming for timely approval of the Department of Energy (DOE) on the terms of reference (TOR) for its targeted competitive selection process (CSP) on planned capacity procurements, so it can spare its roughly 8.0 million customers from wobbly...
The jurisdiction of the Energy Regulatory Commission (ERC) on resolving contractual disputes involving retail electricity suppliers (RES) has been affirmed in a ruling rendered by the Court of Appeals (CA), including its power to issue cease and desist orders. The decision of the 11th division of...
Power utility giant Manila Electric Company (Meralco) will be issuing amended terms of reference (TOR) for its competitive selection process (CSP) on the targeted 1,800-megawatt capacity procurement that is scheduled for tenders-submission on December 27 this year. In a briefing with reporters,...
The Christmas gift for the roughly 8.0 million customers of Manila Electric Company (Meralco) will be bundled up in their electric bills, as the overall tariff of the utility firm in its December billing cycle had been down by P0.7961 per kilowatt hour. On an all-inclusive basis, the electricity...
The Philippine Stock Exchange (PSE) has lifted the suspension on the trading of the shares of SP New Energy Corporation (SPNEC) on Friday, Dec. 1, after the firm reported that its public float has been raised to 20.02 percent to meet the minimum public ownership requirement of 20 percent. ...
The unit of power distributor Manila Electric Co. (Meralco) has completed its initial investment, laying the groundwork for its prospective takeover of SP New Energy Corp. (SPNEC). In a disclosure to the Philippine Stock Exchange on Friday, Dec. 1, SPNEC said the Leviste-led firm has received P7...
Power utility giant Manila Electric Company (Meralco) will be seeking offers from power generation companies (GenCos) on its scheduled auction of 1,200-megawatt baseload power supply that will replace brownfield capacities currently drawn mainly from emergency power supply procurements. In a tender...
The Manila Electric Company (Meralco), the largest distribution utility in the Philippines, reiterates its unwavering commitment to women's empowerment, underscoring its advocacy of fostering diversity and inclusivity in the workplace. Meralco Chairman and Chief Executive Officer Manuel V....
Power distributor Manila Electric Co. (Meralco) denied anew Santa Rosa City Rep. Dan Fernandez's claim that the company overcharged its customers since 2012. In a statement on Sunday, Nov. 26, Jose Ronald Valles, Meralco first vice president and regulatory management head, said the company's rates...
Power utility giant Manila Electric Company (Meralco) and US firm Ultra Safe Nuclear Corporation (USNC) have sealed cooperation agreement for the targeted rollout of micro modular reactor (MMR) pilot project in the Philippines. According to the utility firm, the deal will warrant the conduct of a...
A Filipino company and an American corporation have agreed to undertake a pre-feasibility study to explore clean and sustainable energy options in the country. (RTVM Screenshot) The Manila Electric Co. (Meralco) and the Ultra Safe Nuclear Cooperation (USNC) signed the agreement to conduct a...
House Speaker Martin Romualdez (Speaker’s office) A game changer for the Philippines' energy landscape. That's how House Speaker Martin Romualdez described the twin nuclear agreements sealed during President Marcos' ongoing visit to the United...