Tag: Meralco

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ERC grants Meralco provisional authority for P19.95-B refund scheme

The Energy Regulatory Commission (ERC) has granted Manila Electric Co. (Meralco) provisional authority to implement a refund scheme amounting to P19.95 billion, covering an over-recovery of rates from 1 July 2022, to 31 December 2024. The scheme will be executed over 36 months, with refunds starting in the next billing cycle.

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.

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PNB expands ISO information security certification, includes Singapore branch

The Philippine National Bank has passed its surveillance audit for the ISO/IEC 27001:2022 information security standard and expanded the coverage of its certification, reinforcing its efforts to protect customer and business data.

P4M food hub upgrade boosts women’s livelihood in Muntinlupa

The Department of Agriculture (DA) and the Muntinlupa city government have invested P4 million to upgrade a local food hub that supports women-led enterprises and community food production.

Rising price pressures seen despite February inflation staying within target

Price pressures have been gradually building in recent months, even as February inflation remained within the central bank’s target and broadly in line with market expectations, according to economist Jonas Ravelas.

Japan grants $318K for waste, fisheries projects in Bohol and Palawan

Japan signed two grassroots development grants worth USD 318,098 (about P18.3 million) to improve waste management in Bohol and support indigenous fisheries livelihoods in Palawan.

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