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    Tag: Meralco

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    Meralco subsidiary launches 52.8 MW solar project in Isabela

    Meralco PowerGen Corp. renewable energy arm, MGEN Renewable Energy Inc. (MGreen), has successfully launched a 52.8-megawatt (MW) MGreen Cordon Solar power plant in Cordon, Isabela. This marks MGreen as one of the largest operational solar plants in the Cagayan Valley region under the Department of Energy's (DOE) second Green Energy Auction program.

    Meralco renews 300 MW EPSA with Aboitiz

    The Manila Electric Co. (Meralco) has renewed its emergency power supply agreement (EPSA) with Aboitiz Power’s GNPower Dinginin Ltd. for the supply of 300...

    Meralco power rates lower in Feb

    Manila Electric Co., the largest power distributor in the country, said Friday power rates will be lower in the February billing cycle on account of a net decline in the generation charge. 

    PRC cites Meralco personnel, practices in full compliance of law

    The Manila Electric Company (Meralco) has earned the distinction as the only distribution utility in the country cited by the Professional Regulation Commission (PRC) as fully compliant with the law on electrical engineering.

    Philippine companies populate Bloomberg Gender-Equality Index

    Conglomerate DMCI Holdings Inc. and its unit Semirara Mining and Power Corp., plus two other listed firms form part of the 2023 Bloomberg Gender-Equality Index (GEI) for the third year in a series. 

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    ERC greenlights ancillary services deals bolstering grid stability

    The Energy Regulatory Commission (ERC) has approved nine ancillary services procurement agreements (ASPAs) between the National Grid Corporation of the Philippines (NGCP) and several major power producers— a move expected to enhance grid stability and spur investment confidence in the country’s energy sector.

    NNIC chief pledges aid to victims of NAIA Terminal 1 crash

    New NAIA Infra Corp. (NNIC) president Ramon S. Ang has extended immediate support to the victims of the vehicular accident that took place earlier today at the departure level of Ninoy Aquino International Airport (NAIA) Terminal 1, committing to shoulder medical expenses and provide financial assistance to the affected families.

    Chinabank considers divesting Taguig property acquired from Dennis Uy

    China Banking Corp. (Chinabank) is preparing to sell a prime 14-hectare property in Taguig City recently acquired from Chelsea Logistics and Infrastructure Holdings Corp., a firm led by Davao-based businessman Dennis Uy.

    Inflation could fall to 1.3% in April, raising prospects for rate cuts

    Inflation data, due to come out on Monday, is projected to ease further in April 2025, with the Bangko Sentral ng Pilipinas (BSP) forecasting a possible low of 1.3 percent, marking a continuation of the disinflation trend and strengthening the case for monetary easing later this year.

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