Meralco, Aboitiz firms ink supply deals
By Amy R. RemoManila Electric Co. (Meralco), the country’s biggest electricity distributor, has signed power supply agreements with two Aboitiz-led power generation companies.
Manila Electric Co. (Meralco), the country’s biggest electricity distributor, has signed power supply agreements with two Aboitiz-led power generation companies.
Manila Electric Co. and conglomerate San Miguel Corp. have been allowed to extend their power supply agreement to ensure continued supply of affordable electricity in the Cavite economic zone (CEZ).
Manila Electric Co. (Meralco), the country’s biggest power distributor, is seeking regulatory approval of an agreement that will allow conglomerate San Miguel Corp. to provide up to 500 megawatts to the power utility within the next seven years.
The Consunji-led DMCI Power Corp. has signed a 15-year power supply agreement with the Palawan Electric Cooperative (Paleco), a move that will help ease the tight power supply and address the growing demand in the province.
