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.
Aboitiz Power Corp. has forged a 20-year power supply agreement with Melters Steel Corp., allowing the steel manufacturing company to secure reliable and affordable supply for its smelting plant.
Publicly listed Aboitiz Power Corp. said its two affiliates have signed an agreement to extend by another year its transition supply contract with state-run National Power Corp. (Napocor) and Power Sector Assets and Liabilities Management Corp. (PSALM).
