November 1, 2022

Denied SMC-Meralco rate hike: End of an era for fixed-price PSAs?

By Myrna M. Velasco – November 1, 2022, 1:11 PM from Manila Bulletin Cheers and jeers had greeted the decision of the Energy Regulatory Commission (ERC) on the junked petition of the Manila Electric Company (Meralco) and the subsidiaries of […]
November 1, 2022

NGCP completes restoration of storm Paeng’s affected transmission facilities

By Myrna M. Velasco – November 1, 2022, 3:22 PM from Manila Bulletin Transmission firm National Grid Corporation of the Philippines (NGCP) has completed electricity service restoration work on more than 60 transmission lines that had been pummeled by the […]
October 31, 2022

Meralco prepares for 2023 demand

BY LENIE LECTURA – OCTOBER 31, 2022 from Business Mirror THE Manila Electric Co. (Meralco) will undertake competitive auctions for 480 megawatts (MW) of additional capacity needed for the dry months. Jose Ronald V. Valles, Meralco First Vice President and […]
October 29, 2022

Meralco core income up 9% to P19.6-B

By Myrna M. Velasco – October 28, 2022, 3:42 PM from Manila Bulletin Buoyed by the strong financial outcome of its Pacific Light gas-fired power venture in Singapore and the uptick in energy sales, the consolidated core net income of […]