The Christmas gift for the roughly 8.0 million customers of Manila Electric Company (Meralco) will be bundled up in their electric bills, as the overall tariff of the utility firm in its December billing cycle had been down by P0.7961 per kilowatt hour. On an all-inclusive basis, the electricity...
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...
(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...
Maynilad Water Services, Inc. said the company has invested more than P240 billion to improve services and broaden distribution coverage in the West Zone of the Greater Manila area. In a statement, Ramoncito S. Fernandez, Maynilad president and chief executive officer, said the West Zone...
East and West zone concessionaires Manila Water Co. and Maynilad Water Services, Inc. reported that the dam level in Angat has reached its year-end goal. In a statement on Monday, Nov. 20, Angat Dam achieved a water elevation of 210.42 meters. The target level must be within 210 to 212 meters and...
Lopez-led First Gen Corporation has awarded its next cargo of liquefied natural gas (LNG) delivery to multinational fuel trading firm Trafigura Pte Ltd. Based on the awarded contract, Trafigura will have to supply one cargo LNG with a volume of roughly 154,500 cubic meters (m3) – which will be...
Power utility giant Manila Electric Company (Meralco) has initially cornered prospective offers of 3,310 megawatts from six (6) interested bidders on its scheduled competitive selection process (CSP) for capacity procurement of 1,800MW that will satiate its additional supply portfolio for 2024 and...
To cope with the El Niño phenomenon, West Zone concessionaire Maynilad Water Services, Inc. plans to reactivate more existing deep wells and construct new ones to enhance water availability. In a statement, Maynilad said on Tuesday, Nov. 14, that the company has reactivated 20 deep wells, with a...
Razon-led Manila Water Co., Inc. reported that its profit for rose by more than half in the first nine months of the year. In a disclosure to the Philippine Stock Exchange, Manila Water said its net income rose by 61 percent to P7.26 billion from January to September, compared to P4.52...
West Zone Concessionaire Maynilad Water Services, Inc. reported the presence of yellow water in the water supplies of their consumers. In a statement on Thursday, Nov. 9, Maynilad addressed that the color is due to the high levels of Manganese in the raw water from an outlet of Angat Dam. The water...
The 7.8 million customers of Manila Electric Company (Meralco) will need to cough up higher budget in their electric bills this month, as the company’s overall pass-on tariff went up by P0.2347 per kilowatt hour (kWh) to P12.0545 per kWh from P11.8198 per kWh in the October billing cycle. For...
The Energy Regulatory Commission (ERC) has prescribed a two-tiered review process before the power supply agreements (PSAs) or contracts underwritten via competitive selection process (CSP) could secure regulatory approval. That has been the main stipulation in the new CSP guidelines that was...
