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...
Cagayan de Oro 2nd district Rep. Rufus Rodriguez (Facebook) Are there "vested interests" at play in the call to divide into three the franchise of power distribution giant Manila Electric Company (Meralco)? Cagayan de Oro 2nd district Rep....
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...
(Unsplash) Senator Sherwin Gatchalian is prodding the Energy Regulatory Commission (ERC) to expedite the reset of the power distribution rate for Manila Electric Co. (Meralco). Gatchalian's call followed remarks by former ERC Chairperson Agnes Devanadera at a...
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....
Terry Ridon (Facebook) A former congressman has raised concern over the possible negative message that the proposed splitting of the Manila Electric Company (Meralco) franchise could impart to foreign investors. Terry Ridon, Infrawatch PH convenor and former...
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...
(Photo from Meralco) Santa Rosa lone district Rep. Dan Fernandez is prodding the Energy Regulatory Commission (ERC) to halt the alleged questionable 1,800-megawatt (MW) power supply agreement (PSA) that the Manila Electric Company (Meralco) intends to bid...
Santa Rosa lone district Rep. Dan Fernandez (Facebook) Santa Rosa lone district Rep. Dan Fernandez has asked power distribution giant Manila Electric Company (Meralco) to refund some P200 billion in supposed overcharges to its 7.7 million customers amid...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) The Manila Electric Company's (Meralco) purchase of electricity goes through a "very strict" process, a representative of the firm assured the House Committee on Legislative Franchises on Wednesday, Nov. 22....
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...