September 12, 2024

Meralco reports increased power rates in September

By Alena Mae S. Flores – September 11, 2024, 8:10 pm from manilastandard.net Consumers of Manila Electric Co. (Meralco) will experience higher rates of P0.1543 per kilowatt-hour in September 2024 on the back of increased transmission charges. Meralco spokesman Joe […]
September 10, 2024

A1E seeks DOE certification for planned coal power plant

By Lenie Lectura – September 10, 2024 from Business Mirror Atimonan One Energy Inc. (A1E), a wholly owned subsidiary of Meralco PowerGen Corp. (MGen), will ask the Department of Energy (DOE) to validate that the planned 1,200-megawatt (MW) coal power […]
September 5, 2024

Meralco unit acquires P7.5-b SPNEC shares

By Jenniffer B. Austria – September 4, 2024, 7:50 pm from manilastandard.net Meralco PowerGen Corp. (MGen), a subsidiary of Manila Electric Co., acquired P7.5 billion worth of shares in renewable firm SP New Energy Corp. (SPNEC). MGen acquired 5.8 billion […]
September 3, 2024

Rains fail to dampen power sales of Meralco in August

By Lenie Lectura – September 2, 2024 from Business Mirror The Manila Electric Co. (Meralco) saw its energy sales volume rise by nearly 8 percent year-on-year in August, a company official said over the weekend. Initial figures showed that the […]