August 5, 2022

Meralco expects 4.6% rise in annual demand

By Alena Mae S. Flores – August 4, 2022, 6:20 pm from manilastandard.net Power retailer Manila Electric Co. said Thursday it expects peak demand to grow by an average of 4.6 percent annually, driven by increased economic activity. “As economic […]
August 2, 2022

Power plants of SMC incur losses on coal price rally

BY LENIE LECTURA – AUGUST 1, 2022 from Business Mirror Two power plants of SMC Global Power Holdings Corp. (SMCGP) have accumulated losses amounting to P15 billion due to skyrocketing global coal prices and unilateral natural gas supply restrictions from […]
July 27, 2022

Meralco to hold bidding for 900MW supply needs

BY LENIE LECTURA – JULY 26, 2022 from Business Mirror THE Manila Electric Co. (Meralco) will conduct more competitive biddings, possibly this year, for 900 megawatts (MW) of power supply requirement. “Based on the approved PSPP [power supply procurement plan], […]
July 26, 2022

Meralco among world’s most environmentally responsible firms

Richmond Mercurio – July 24, 2022 | 12:00am from The Philippine Star “As we forge ahead, we are committed to accelerating our sustainability transformation while meeting the needs of our recovering nation,” Meralco President and CEO Ray Espinosa said. STAR […]