SMC, SunAsia to challenge 850MW Razon-Leviste solar bid By MYRNA M. VELASCO A subsidiary of top-tier power producer SMC Global Power Holdings Corp of the San Miguel Group and a consortium led by SunAsia Energy will challenge the unsolicited proposal lodged by the joint venture of Prime...
Meralco sets P110-B capital spending By MYRNA M. VELASCO Power utility giant Manila Electric Company (Meralco) is allocating capital spending of up to P110 billion for renewable energy (RE) facilities, electric vehicles (EVs) and other projects’ buildup that will underpin its sustainability...
The core net income of power utility giant Manila Electric Company (Meralco) went up by 13 percent to P24.608 billion last year compared to the leaner P21.711 billion in 2020 due to robust energy sales. On the distribution firm’s reported net income, this climbed significantly by 44 percent to...
Photo from PBA Rookie RK Ilagan scored a buzzer-beating jumper to give Alaska a 94-93 win over Meralco in a thrilling finish to their PBA Governors’ Cup game held Saturday, Feb. 26 at the Ynares Center in Antipolo City. Given the chance to come through in the clutch, Ilagan repaid coach Jeffrey...
Photo from PBA Meralco rode on the hot hands of Allein Maliksi in the fourth quarter to take down Rain or Shine, 93-88, Sunday, Feb. 20 and get back on winning track in the PBA Governors’ Cup at the Smart Araneta Coliseum. Maliksi scored 12 of his 19 points in the final period as the Bolts were...
Photo from PBA Almond Vosotros knocked down a game-winning two-pointer as TNT came back to beat Meralco, 21-19, and capture the first leg crown of the PBA 3x3 second conference Sunday, Feb. 20, at the Smart Araneta Coliseum. Vosotros’ shot from beyond the arc with 1:12 left in the final enabled...
Photo from PBA NorthPort turned the tables on erstwhile unbeaten Meralco in the second half to pull off a 109-98 win and end a 0-5 start in the PBA Governors’ Cup Thursday, Feb. 17 at the Smart Araneta Coliseum. The Batang Pier had plenty of heroes led by import Jamel Artis, returning Robert...
Photo from PBA Meralco’s win against one of the recent PBA champions to cap off the first week of the Governors’ Cup resumption has raised the level of confidence for a team that is hungry to finally reach the winner’s circle. The Bolts had to grind it out against their old tormentor Barangay...
Photo from PBA Meralco held off Barangay Ginebra San Miguel behind another stellar performance from import Tony Bishop and secured a 101-95 win Sunday, Feb. 13 to keep its perfect slate intact in the PBA Governors’ Cup at the Smart Araneta Coliseum. Bishop scored 30 points while adding 13...
Photo from PBA Unbeaten Meralco shoots for a fourth straight win when it battles Barangay Ginebra San Miguel to cap off a pre-Valentine's Day doubleheader Sunday, Feb. 13 in the PBA Governors’ Cup at the Smart Araneta Coliseum. The Bolts meet the Gin Kings at 6:45 p.m. as they try to continue...
The decision of the Manila Electric Company (Meralco) to go against the grain and impose power rate cuts amid steadily rising pump fuel prices wasn't lost to former AGHAM Party-list Rep. Angelo Palmones. Meralco logo In a statement, Palmones hailed the power distribution giant for announcing a...
Sixty-eight households in Tabing-Ilog, Barangay Rosario in Pasig City now have legal power connections after 30 years of experiencing unstable electricity through the efforts of the Pasig City local government and the Manila Electric Company (Meralco). Pasig City Mayor Vico Sotto attended on...