Manuel V. Pangilinan-led Manila Electric Co. (Meralco) has completed a new switching station in Laguna to support the growing renewable energy capacity in the region. In a statement, Meralco said the Milagrosa 115-kilovolt Switching Station, located in Carmelray Industrial Park II in Calamba,...
The Manila Electric Company (Meralco) and South Korea’s Samsung C&T Corporation Engineering & Construction (Samsung C&T) Group have joined forces to promote the adoption of nuclear energy in the country. In a statement, Meralco said that the memorandum of understanding (MOU)...
The Manila Electric Co. (Meralco) has signed a deal with the South Korean firm Doosan Enerbility Co., Ltd. to develop low-carbon energy projects in the Philippines. In a statement, Meralco announced that it had signed a memorandum of understanding (MOU) with Doosan to collaborate and explore...
Power utility firm Manila Electric Company (Meralco) has announced a potential reduction in consumers’ electricity bills for October. Joe Zaldarriaga, Meralco head of corporate communications, explained that the expected price cuts may be attributed to lower charges in the wholesale electricity...
Power utility giant Manila Electric Company (Meralco) has accepted the lowest bid from Aboitiz-led GNPower Dinginin Ltd. Co. (GNPD) for its 400-megawatt (MW) mid-merit supply requirement, ensuring stable electricity for consumers. In a statement, Meralco said GNPD’s bid was at P7.6816 per...
PLDT Inc., Manila Electric Company (Meralco), and Metro Pacific Investments Corporation are infusing a total of P570 million into DigiCo which is investing the same amount for a stake in Bayad Center and Multipay Corporation. In disclosures to the Philippine Stock Exchange (PSE), PLDT, Meralco, and...
The House plenary. (Ellson Quismorio/ MANILA BULLETIN) The measure seeking to grant the Manila Electric Co.(Meralco) a new 25-year franchise moved forward in the House of Representatives just before the congressional break. ...
In an effort to boost logistics sustainability, Movem Electric, Inc., an electric mobility solutions provider of Manila Electric Company (Meralco), has collaborated with the foam and mattress firm Uratex Group of Companies. In a statement, Movem said an electric light delivery truck was handed over...
Owing primarily to the ancillary services as component of the transmission charge, the overall tariff of power utility giant Manila Electric Company (Meralco) had climbed by P0.1543 per kilowatt hour (kWh) in this September billing to P11.7882 per kWh versus P11.6339 per kWh last month. The tariff...
Meralco PowerGen Corporation (MGen), the power generation investment arm of Manila Electric Company (Meralco), is seeking certification from the Department of Energy (DOE) as it is now inclined to rejoin the country’s ‘king coal club’ for its 1,200-megawatt Atimonan power plant project that...
Several Chinese companies have been shortlisted by SP New Energy Corporation (SPNEC) of the Manila Electric Company (Meralco) Group for soon-to-be awarded contracts on the supply of photovoltaic (PV) modules and energy storage systems (ESS) for the $4.0 billion Terra solar project, an expansive...
London-headquartered private equity firm Actis is injecting colossal investment of $600 million (approximately P34 billion) for its 40 percent equity acquisition in the $4 billion Terra Solar project being advanced to commercial fruition by SP New Energy Corporation (SPNEC) of the Manila Electric...
