The Energy Regulatory Commission (ERC) has denied the P0.30 per kilowatt hour (kWh) rate hike that had been jointly applied for by the Manila Electric Company (Meralco) and SMC Global Power Holdings (SMCGP) of the San Miguel group. In a ruling issued by the power industry regulator on Monday, Oct....
The Energy Regulatory Commission (ERC) will prudently examine the implication of the P0.30 per kilowatt-hour (kWh) rate hike plea of SMC Global Power Holdings Corporation (SMCGP) to the similarly-situated power supply agreements (PSAs) underwritten by the other power utilities. The bid of San...
MGen Renewable Energy, Inc. (MGreen), the RE investment arm of Manila Electric Company (Meralco), and Singapore-headquartered Vena Energy have formed a joint venture for the construction of their 68-megawatt ac (MWac) solar power project in Currimao, Ilocos Norte. The project is expected to be...
SMC Global Power Holdings Corporation (SMCGP), the energy investment arm of San Miguel Corporation (SMC), has formally lodged ‘notice of termination’ for two of its prevailing power supply agreements (PSAs) with Manila Electric Company (Meralco). This move is SMCGP's ultimate recourse if the...
San Miguel just thrives in pressure-packed moments. Photo from PBA The Beermen showed much resolve against the gritty Meraclo Bolts, hacking out a 100-89 win to book a return trip to the Finals in the 2022 Philippine Cup at the Smart Araneta Coliseum on Wednesday, Aug. 17. SMB erased the bitter...
The Parañaque City government announced that a five-hour power interruption will be implemented by the Manila Electric Company (Meralco) on Friday (August 19). The city government posted on its Facebook page a letter sent by Meralco Parañaque maintenance team leader Erwin Cabarles, announcing...
Power utility giant Manila Electric Company (Meralco) has formally opened to challengers the competitive 200-megawatt original proposal of the subsidiary-entity of Solar Philippines from its integrated solar farm and battery energy storage installation. In a notice to third party bids and awards...
MIESCOR Infrastructure Development Corporation (MIDC), a joint venture between Manila Electric Company (Meralco) subsidiary MIESCOR and New York-headquartered Stonepeak, indicated that the former will acquire 2,180 towers and related passive telecom infrastructure from Ayala-led Globe under a sale...
Meralco leaned on its scrappy defense and red-hot shooting to zap San Miguel Beer, 111-99, in Game 4 of their best-of-seven semifinals series in the 2022 PBA Philippine Cup on Wednesday, Aug. 10, at the Smart Araneta Coliseum. Photo from PBA Allein Maliksi, Aaron Black and Raymond Almazan dazzled...
Despite trailing the semifinals series, 2-1, against the talented San Miguel Beer, there were no signs of getting discouraged in the voice of Meralco head coach Norman Black when he talked to the members of the press after their 96-91 defeat in Game 3. Photo from PBA In fact, Black remains...
Despite an earlier projection of a rate hike, several cost-offsetting measures ultimately pulled down the electricity tariff of Manila Electric Company (Meralco) by a marginal P0.2087 per kilowatt hour (kWh) for the August billing cycle. As noted by Meralco Vice President Lawrence S. Fernandez,...
CJ Perez and June Mar Fajardo provided a deadly one-two punch as San Miguel Beer grinded out a 96-91 victory over Meralco to regain the semis lead, 2-1, in Game 3 of their best-of-seven semifinals series in the 2022 PBA Philippine Cup at the Smart Araneta Coliseum on Sunday, Aug. 7. June Mar...
