March 4, 2022

Meralco sees power sales growing by 6% this year

BY LENIE LECTURA – MARCH 3, 2022 from Business Mirror THE Manila Electric Co. (Meralco) is expecting to register over a 6-percent increase in electricity sales volume this year as restrictions eased under Alert Level 1. “Six percent is achievable […]
March 1, 2022

Meralco income jumps 44% on energy demand recovery

BY LENIE LECTURA – FEBRUARY 28, 2022 from Business Mirror THE Manila Electric Co. (Meralco) reported robust earnings in 2021 due to higher energy sales volume and contributions from its power generation business. Core profit grew by 13 percent to […]
February 17, 2021

NGCP seeks OK of P37 billion worth of transmission projects

By Danessa Rivera – February 16, 2021 – 12:00am from The Philippine Star MANILA, Philippines — The National Grid Corp. of the Philippines (NGCP) is seeking regulatory approval for transmission projects in Luzon and Mindanao worth over P37 billion. The […]
October 30, 2019

Meralco sets P11 billion in accelerated capex spending

By Myrna M. Velasco – October 29, 2019, 10:00 PM from Manila Bulletin With an expanding customer base and demand growth, power utility giant Manila Electric Company (Meralco) indicated that it already spent P11 billion on accelerated utilization of programmed […]