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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SEC centralizes SBL admin functions with PSE to speed up processing, cut costs

The Securities and Exchange Commission (SEC) has streamlined the country’s securities borrowing and lending framework by assigning all administrative functions to the Philippine Stock Exchange (PSE), aiming to create a more efficient and integrated short selling market.

PAL expands North American network with second A350-1000 for Manila-Toronto route

The Philippine Airlines (PAL) has strengthened its North American operations by putting its second Airbus A350-1000 into service on the Manila-Toronto route, a key step in the airline’s ongoing fleet modernization plan. This new aircraft joins the carrier’s first A350-1000, which currently flies the Manila-New York route, giving PAL two premium long-haul gateways in North America served by its newest and largest aircraft type.

First Gen, HMR Envirocycle launch e-waste drive for Lopez Group

First Gen Group, the Philippines’ leading renewable energy firm, has partnered with e-waste recycler HMR Envirocycle to roll out Drop IT for Good, a company-wide campaign for collecting and properly disposing of IT equipment and other electronic waste across the Lopez Group.

Australia return boosts Philippine mango export drive

Just days after the Philippines celebrated its first fresh...

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