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According to Dimalanta, Meralco will have to observe the new CSP guidelines in the bidding for the 1,800-MW power deals.
Source: https://business.inquirer.net/426484/erc-oks-termination-of-meralco-smc-deals
As the AMI rules are still pending with the ERC, which seeks to review cost that could be passed on to consumers, Meralco cannot fully implement the program.
Source: https://business.inquirer.net/420936/meralco-pilots-smart-metering-system
He also said that there can be two winning bidders that could supply Meralco the needed capacity of 1800MW.
If that is the measure of economies of scale, Meralco is fantastic,” Junia lamented.
In a statement, Meralco First Vice President Jose Ronald Valles denied claims regarding the company’s failure to comply with its reportorial obligations.
Source: https://newsinfo.inquirer.net/1873788/lawmaker-warns-meralco-could-lose-franchise
Meanwhile, COL also has a BUY rating on Meralco because power demand is expected to continue to grow this year as the country fully recovers from the impact of the Covid-19 pandemic.
Meralco Biz has geared up to enable this resurgence with its suite of services and solutions to increase operational efficiency and optimize resources – helping them to achieve great results in this new chapter.
Source: https://businessmirror.com.ph/2023/01/30/dmci-unionbank-to-replace-megaworld-rlc-in-pse-index/
Meralco has always denied that there were overbillings.
Source: https://businessmirror.com.ph/2023/01/23/power-industry-pandemic/
Meralco likewise advised Interruptible Load Program (ILP) participants to de-load from the national grid to help ease the supply situation.
Source: https://business.inquirer.net/399826/red-alert-raised-in-luzon-grid-ngcp
Meralco said the incorporation of Movem is in line with the utility firm’s plan to be a major player in the growing EV industry.
Source: https://businessmirror.com.ph/2023/03/28/meralco-forms-subsidiaryto-hasten-adoption-of-evs/
Once negotiations are completed, Meralco will enter into a PSA with the original proponent and seek regulatory approval for the contract.
Source: https://businessmirror.com.ph/2023/01/11/meralco-spbbc-supply-deal-okd/
Sagip party-list Rep. Rodante Marcoleta asked Manila Electric Company (Meralco), which supplies power to Metro Manila and neighboring provinces including Naia, if the scenario mentioned by Fernandez is possible.
Source: https://newsinfo.inquirer.net/1767996/solon-claims-china-may-have-a-hand-in-naia-power-outages
The deal gives Metro Pacific direct exposure to the renewable energy sector apart from its indirect interests through one of its portfolio companies, energy distribution giant Manila Electric Co. (Meralco).
Source: https://business.inquirer.net/393417/metro-pacific-invests-p2b-in-leandro-levistes-solar-power-firm
The Manila Electric Co. (Meralco) should refund its customers a total of P150 billion, a former commissioner of the Energy Regulatory Commission (ERC) told the agency.
This month, the entire refund of the DRTU that ERC ordered Meralco to redistribute amounting to P48.3 billion will be fully settled.
Source: https://businessmirror.com.ph/2023/05/15/meralcos-costing-method-questioned/
TNT fought Meralco tooth and nail before pulling through for a 21-20 win in the battle for third place.
Source: https://businessmirror.com.ph/2023/02/12/platinum-dribblers-rule-leg-5-of-pba-3x3/
To recall, Meralco last month told its suppliers and the Energy Regulatory Commission that it would implement a staggered collection of the about P1.1 billion in March generation costs to cushion the impact of the rate increase on its customers.
Source: https://business.inquirer.net/395307/meralco-cuts-electricity-rate-by-p0-118-kwh