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Meralco: 4.5M customers affected by power outages; restoration to take some time

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INQUIRER FILE PHOTO

Up to 4.5 million people in Metro Manila and surrounding provinces had their supply of electricity knocked off by the passage of Typhoon Glenda overnight and the Manila Electric Company said Wednesday full restoration of power would take some time.

Posted: July 16th, 2014 in Latest Business Stories | Read More »

Meralco restores 24-percent electricity in areas affected by Glenda

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AFP FILE PHOTO

The Manila Electric Company (Meralco) has restored only 24-percent electricity of its franchise area which covers over five million consumers.

Posted: July 16th, 2014 in Latest Business Stories | Read More »

Meralco rates inch up in July, break 2-month drop

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AFP FILE PHOTO

Electricity rates will go up by around P0.03 per kilowatt-hour (kWh) in July for the average customer of the Manila Electric Co. (Meralco), according to the power distribution firm.

Posted: July 10th, 2014 in Latest Business Stories | Read More »

Farmers’ group seeks offtake deal with Meralco

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A farmer cooperative is wooing the Manila Electric Co. (Meralco) as offtaker for its proposed 6-megawatt (MW) commercial biogas power plant in Quezon province, which will be completed in 2016.

Posted: July 7th, 2014 in Headlines | Read More »

Metro Pacific acquires 5% of unit’s stake in Meralco

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Metro Pacific Investments Corp., an infrastructure holding company led by businessman Manuel V. Pangilinan, is buying 5 percent of Manila Electric Co. (Meralco), the country’s biggest electricity distributor, from an affiliate for P13.24 billion, a stock exchange filing Tuesday showed.

Posted: June 25th, 2014 in Headlines | Read More »

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