Meralco’s relocation projects to cost P14b

By Alena Mae S. Flores – February 07, 2020 at 09:10 pm
from manilastandard.net

Manila Electric Co., the biggest retailer of electricity in Metro Manila, is seeking approval to implement several contingency projects costing totaling P14.21 billion to relocate electrical facilities affected by the Build Build Build program of the Department of Transportation.

Meralco, in a filing with the Energy Regulatory Commission, said the projects include the Common Station Project at a cost of P55.355 million, Metro Manila Station Project–Phase 1 (P1 billion), North-South Commuter Railway System through  PNR North 1 (Tutuban-Malolos) at P1.44 billion, PNR North 2 (Malolos-Clark) at P310.322 million, PNR South Commuter (Solis-Calamba) at P2.048 billion and PNR South Long Haul (Manila-Sorsogon-Batangas) at P5.11 billion.

“It is necessary that the construction and implementation of the Meralco projects shall follow the schedule of the relocation of the affected facilities and that both be completed within their respective target dates, to avoid unnecessary costs and resources and to ensure that the implementation of both the relocation of the affected facilities and the Meralco facilities is economically viable and optimal,” Meralco said.