Theirs is an exceptional story of a family-led conglomerate that had to rise from the rubble – not just once, twice or thrice but maybe even more – that’s because of the wretch of politics often infringing on their businesses, be it in the power sector or in their television network. Oscar M....
At least three bidders have been disqualified in the ongoing competitive selection process (CSP) of power utility giant Manila Electric Company (Meralco) for power supply agreements (PSAs) that will satiate 1,800 megawatts of its future power supply portfolio. According to industry sources, the...
The customers of Manila Electric Company (Meralco) can heave slight relief in their February billing, as the power utility firm’s overall rates will be down by P0.0704 per kilowatt hour (kwh) to P8.6703 from last month’s P8.7497 per kwh. For residential customers in the usage bandwidth of...
The Department of Energy (DOE) has officially directed power distribution utilities and electric cooperatives (ECs) on ‘extended no-disconnection policy’ for lifeline residential customers or those that have electricity consumption of 100 kilowatt-hours or less. In an advisory issued by the...
'NOTHING IS PERMANENT' - Baser Amer expresses gratitude to his former team Meralco after the Bolts traded him to Blackwater recently. (PBA Images) Baser Amer reflected on his five-year stint with the Meralco Bolts that ended when he was traded to the Blackwater Elite. The Bolts parted ways with...
(PBA Images) Mac Belo is thrilled with the prospect of playing in the games that matter now that he is part of the Meralco Bolts. The Bolts shore up their roster before the start of the PBA season by acquiring the versatile forward from the Blackwater Elite in exchange for playmaker Baser Amer and...
Meralco head coach Norman Black (MB File Photo) Meralco stressed that its three-player trade with Blackwater is a win-win situation for the two teams as they gear up for the upcoming 46th season of the PBA. This after the league trade committee headed by deputy commissioner Eric Castro...
Photo from PBA Images The PBA approved on Thursday, February 4, the Blackwater-Meralco trade which sends Mac Belo to the Bolts in exchange for Baser Amer with the addition of Bryan Faundo. The veteran forward Faundo was included in the package for the league's trade committee headed by deputy...
The Department of Energy (DOE) is giving its word that brownouts will not hamstring the anticipated COVID-19 vaccine rollouts in the coming months, so the country can finally sneak away from the reins of the pandemic. According to Energy Undersecretary Felix William B. Fuentebella, the department...
Mac Belo is heading to a new team. (Photo from PBA Images) After four seasons with the team, Blackwater has opted to let go of former top pick Mac Belo as it shipped the onetime Far Eastern University star to the Meralco Bolts Tuesday in a one-on-one trade. A reliable source confirmed that the...
The Meralco Bolts began preparation for the season-opening PBA Philippine Cup on Monday, Feb. 1, 2021, by signing incoming 10-year swingman Allein Maliksi to a contract extension. Maliksi inked on the dotted line while in the presence of team manager Paolo Trillo and agent Danny Espiritu, becoming...
At least 20 distribution utilities (DUs), including electric cooperatives, in the Luzon grid had been ordered to refund over-collections to their customers; and their mandated paybacks range from P0.0014 to P0.6266 per kilowatt hour. (MANILA BULLETIN) According to the Energy Regulatory Commission...