November 6, 2018

Meralco rates slightly up this month

By Myrna M. Velasco – November 5, 2018, 10:00 PM from Manila Bulletin The overall rate to be passed on by power utility giant Manila Electric Company (Meralco) will be on slight uptrend this month due to rise in cost […]
November 5, 2018

Power firms nix’ walk-away’ clause in supply contracts

By Myrna M. Velasco – November 4, 2018, 10:00 PM from Manila Bulletin Power companies are objecting the proposed rules precluding “walk-away provisions” in power supply agreements (PSAs) as this will be in violation of their rights to “freely contract.” […]
November 2, 2018

MGen seeks to hike RE output to over 1,000 MW

By Lenie Lectura – November 2, 2018 from Business Mirror The power generation arm of the Manila Electric Co. (Meralco) wants to increase its planned renewable-energy (RE) portfolio to over 1,000 megawatts (MW)—mostly solar power—in the next two years to […]
October 29, 2018

Meralco fears cost swell on weak peso

By Myrna M. Velasco – October 28, 2018, 10:00 PM from Manila Bulletin With swelling exchange rates and the weakening peso, power utility giant Manila Electric Company (Meralco) raised fears that this will trigger unwarranted costs escalation in overall capital […]