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PSALM expects P100 billion from CBK privatization
The Power Sector Assets and Liabilities Management Corp. (PSALM) is expected to generate as much as P100 billon from the privatization of the 796.46-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Laguna, bolstering the cash position of the cash-strapped state firm......»»
Residential electricity rates up by P0.19/kWh for Jan-Feb billing
Visayan Electric residential consumers will experience an increase of P0.19/kWh for their January-February billing. The hike is caused by the increase in generation rates at the Wholesale Electricity Spot Market (WESM) and the transmission charges of the National Grid Corporation of the Philippines (NGCP). The increase brings the average residential electricity rate from P11.43/kWh last.....»»
World Bank expects faster growth for Philippines this year
Economic growth in the Philippines is projected to be faster this year than in 2023, but the pace will be lower than the government’s target, the World Bank said in a report......»»
Meralco reminds public of electrical safety tips this Holy Week
Electric concessionaire Meralco said that its personnel will attend to the needs of its customers during Holy Week despite its offices being closed from Maundy Thursday to Black Saturday......»»
Unlikely heroes take charge as Ginebra, NorthPort down Phoenix, Meralco
Birthday boy Ralph Cu waxes hot from beyond the arc to lift Barangay Ginebra past Phoenix, while JM Calma delivers the goods for NorthPort against Meralco.....»»
Herndon, Dom Fajardo also lauded in NLEX squeaker vs Meralco
NLEX star Robert Bolick tipped his hat to role players Robbie Herndon and Dom Fajardo for providing the spark in the Road Warriors’ 99-96 escape act against the Meralco Bolts in their PBA Philippine Cup clash Wednesday night......»»
‘Unselfish’ Meralco nails maiden win in Philippine Cup
Meralco banks on a balanced attack of six players scoring in double figures as it overcomes Rain or Shine in overtime.....»»
Sedurifa leads Meralco to PBA 3x3 Season 3 title
Sedurifa leads Meralco to PBA 3x3 Season 3 title.....»»
Meralco taps fresh import
Only one game is left in Meralco’s schedule before ending its EASL season against the Seoul SK Knights at the Jamsil Students Gymnasium tomorrow night and even as the Bolts are out of contention for a Final Four slot, coach Luigi Trillo brought in a new import 6-9 Alioune Tew to team with 6-7 Shonn Miller for the last stand......»»
MVP Group dominates 20th Philippine Quill Awards
It was a triumphant night for the MVP Group of Companies, encompassing leading entities such as Light Rail Manila Corp., Manila Electric Co., Maynilad Water Services Inc., PLDT, Smart Communications Inc., Makati Medical Center, Maya, Metro Pacific Dumaguete Water Services Inc., Metro Pacific Tollways South Management Corp., Metro Pacific Investments Corp., Meralco – One Meralco Foundation and Metro Pacific Investments Foundation, as its member companies secured a staggering total of 87 awards at the 20th Philippine Quill Awards, organized by the International Association of Business Communicators......»»
Meralco nails 2nd straight 3x3 crown
Meralco rained seven two-balls on TNT to run away with the Leg 4 crown in the PBA 3x3 Season 3 Third Conference via a 21-13 clincher yesterday at Ayala Malls Circuit......»»
Select McDonald’s branches are getting greener with Meralco
Meralco equipped select McDonald's branches with solar rooftop panels, solar lamp posts, and electric vehicle (EV) charging stations among others.....»»
Meralco units join forces for sustainability initiatives
Manila Electric Co. local retail electricity supplier MPower and social development arm One Meralco Foundation have joined forces for programs that seek to build a sustainable future for the country......»»
Meralco to bid out another 260-MW supply requirement
Power utlity Manila Electric Co. will open another round of bidding for a 260-megawatt interim power supply agreement......»»
Meralco powers up profit by 37 percent in 2023
Manila Electric Co., the country’s biggest power utility, said its core earnings went up by 37 percent to P37.1 billion last year, powered by contributions from its power generation and retail electricity businesses, as well as the continued increase in energy sold by its distribution utility business......»»
‘MORE SOURCES OF POWER’ | Bizmen bracing nuclear, wind power to address growing demand
‘MORE SOURCES OF POWER’ | Bizmen bracing nuclear, wind power to address growing demand.....»»
Squirrel involved in power outage provided shelter and care by More Power
Squirrel involved in power outage provided shelter and care by More Power.....»»
‘WE NEED POWER’ | Negros Occidental has up to 100MW power shortage at night
‘WE NEED POWER’ | Negros Occidental has up to 100MW power shortage at night.....»»
Unleashing a Pinay’s power via ‘Pinay Power’
Unleashing a Pinay’s power via ‘Pinay Power’.....»»
Consumers express mixed reactions on slight power rate increase
Consumers of Davao Light and Power Co., Inc. have expressed mixed reactions to a slight increase in the overall power rate starting January 2024. The increase is attributed to higher market prices affecting the generation rate. Noriza Mabanding, a virtual assistant, noted the impact on her energy usage and the need to schedule appliance usage to save energy. Jenalyn Manguiob, a small business owner, expressed dissatisfaction with the increase's effect on her business but acknowledged the global market's influence and the importance of conserving energy. The increase amounts to P0.0774 per kWh, resulting in a minor increase in electricity bills for residential customers......»»