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 […]
December 24, 2021

Meralco gets DOE approval for TOR of power auction

BY BUSINESSMIRROR – DECEMBER 24, 2021 Power lines run beside a sign of the Manila Electric Co. (Meralco) branch in Manila in this Bloomberg file photo. By Lorenz S. Marasigan @lorenzmarasigan Manila Electric Co. (Meralco) announced on Thursday that the […]
October 26, 2021

Meralco expects core profit to improve despite costly oil

BY LENIE LECTURA – OCTOBER 25, 2021 from Business Mirror   The Manila Electric Co.’s (Meralco) improved financial performance in the January-to-September period will allow the utility firm to surpass its core profit last year. Meralco Chairman Manuel V. Pangilinan […]
March 8, 2021

Meralco completes P20.8-B 2020 capex

By Myrna M. Velasco – March 8, 2021, 6:30 AM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) has spent its P20.8 billion worth of capital expenditure (capex) undertakings last year with the completion of electric and non-electric […]