Plant tied up; power runs short
Meralco PowerGen president and chief executive officer Rogelio Singson The Manila Electric Co. (Meralco) is back in the power business through a subsidiary. However, it is going through legal hurdles to get its projects going in Luzon that now contends...
Atimonan project costs rise by P15B due to PSA approval delay
MERALCO Powergen Corp. (MGen) said the continuing delay in the approval of the power supply contract for its Atimonan coal-fired power plant had jacked up the project’s cost by P15 billion. “If my numbers are correct, I think nasa mga (it’s at about) P15 billion, kasi...
MGen shifts focus to hiking renewable energy capacity
The power generating arm of Manila Electric Co. (Meralco) will focus on developing its renewable energy (RE) capacity of 1,500 megawatts (MW) in the next three to five years as it looks to disrupt its own legacy distribution business, its top official said. Meralco...