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Meralco seals supply deal with Lopez unit

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Manila Electric Co. (Meralco) has forged a power supply agreement with Bacman Geothermal Inc. (BGI), which is set to provide 50 megawatts to the country’s largest distribution utility over the next five years.

Posted: November 27th, 2014 in Headlines | Read More »

Vivant unit, Meralco extend power supply agreement

1590 Energy Corp. (1590EC), a unit of publicly listed Vivant Corp., is extending an Interim Power Supply Agreement (IPSA) with Meralco for the latter’s purchase of 140 megawatts from the company’s Bauang Diesel Power Plant (BDPP).

Posted: November 24th, 2014 in Headlines | Read More »

Meralco building up power capacity for summer

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Manila Electric Co. is securing capacity from power suppliers and voluntary grid de-loaders for summer next year, when Luzon is expected to experience shortfall in power supply.

Posted: November 14th, 2014 in Headlines | Read More »

Meralco cuts rates citing lower costs

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AFP FILE PHOTO

The Manila Electric Co. (Meralco) said power rates this month would go down by 41 centavos per kilowatt-hour (kWh) due to lower generation costs.

Posted: November 7th, 2014 in Editor's Pick,Headlines | Read More »

Meralco, Petron among Platts’ top energy firms

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Two Philippine companies rode the Asian onslaught in the prestigious Top 250 Global Energy Company Rankings, as Western dominance ebbed in the face of surging per capita energy/power consumption in the East.

Posted: November 6th, 2014 in Headlines | Read More »

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