Company Overview and News

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Proposed energy projects gathering dust

2018-07-20 business.inquirer.net
In addressing the opening joint session of Congress in the past two occasions, President Duterte had barely mentioned the energy sector—briefly in 2016 and not at all in 2017.
MER NG EWCLY NGGTF EWC EWCLF NGG

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2 firms keen on bidding for Zamcelco contract

2018-07-08 bworldonline
ZAMBOANGA CITY — Financially troubled Zamboanga City Electric Cooperative, Inc. (Zamcelco) is aiming to finally award an investment management contract (IMC) by Aug. 2 after two bidders submitted letters of intent.
ABZPF MER ABZPY AP

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Quezon townsfolk protest 3rd coal plant

2018-07-07 newsinfo.inquirer.net
FIGHTING COAL Residents of Atimonan town, Quezon, and members of the group Power for People rally on Ortigas Avenue on June 5 to protest the continued construction of another coal power plant in Quezon province.—NIÑO JESUS ORBETA
ABZPF MER ABZPY AP

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Meralco bills rising this month

2018-07-06 bworldonline
ELECTRICITY CONSUMERS in Metro Manila and surrounding areas will pay more for their power use in July after two consecutive months of reduction, the Manila Electric Co. (Meralco) announced on Friday.
MER NG NGGTF NGG

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Palace directs ERC to suspend commissioners

2018-07-06 bworldonline
MALACAÑANG has ordered the suspension for three months of commissioners of the Energy Regulatory Commission (ERC) over the unauthorized use of bill deposits.
MER

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Palace orders ERC to implement suspension of 4 execs

2018-07-06 newsinfo.inquirer.net
Malacañang ordered the chair of the Energy Regulatory Commission (ERC) to implement the suspension of four commissioners of the agency.
MER

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Meralco raises kilowatt-hour rates following two months of reductions

2018-07-06 bworldonline
Electricity consumers in the capital region should expect an increase in their next monthly bill, as distribution utility Manila Electric Co. (Meralco) just announced an increase of P0.316 per kilowatt-hour (kWh).
MER

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Malacañang to implement suspension of 4 ERC commissioners

2018-07-05 newsinfo.inquirer.net
Malacañang will carry out the suspension of four commissioners of the Energy Regulatory Commission (ERC) after they reportedly remained in their posts despite an order from the Office of the Ombudsman.
MER

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Meralco considers Isla Verde as site for 1st microgrid system

2018-07-03 bworldonline
MANILA Electric Co. (Meralco) is looking at Isla Verde, an island in Batangas province within its franchise area, as a possible location for its first microgrid system, its president said.
MER

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Meralco looking at Isla Verde to set up first microgrid

2018-07-03 bworldonline
Manila Electric Co. (Meralco) is looking at Isla Verde, an island within its franchise area, as its first venture in putting up a microgrid system, its president said.
MER

3
ERC told inaction on questioned power deals means graft

2018-07-01 newsinfo.inquirer.net
Bayan Muna Rep. Carlos Isagani Zarate warned Energy Regulatory Commission (ERC) Chair Agnes Devanadera against inaction on seven power supply agreements (PSAs) pending at the agency but which militant legislators questioned for not going through public bidding.
MER

3
BSP sees June inflation between 4.3-5.1%

2018-06-29 bworldonline
INFLATION remained elevated in June given higher prices of rice and crops as well as cooking gas, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.
MER

3
Meralco power sales dampened by cool weather

2018-06-28 bworldonline
ELECTRICITY sales in June eased because of cooler weather, tempering power sales growth for the first half to around 6.5%, Manila Electric Co. (Meralco) said.
MER

3
Meralco sees around 6.5% sales growth in first half

2018-06-28 bworldonline
Electricity sales in June has eased because of the cool weather, tempering power sales growth for the first half to around 6.5%, the top official of Manila Electric Co. (Meralco) said.
MER

36
Bargain hunters splurge as PSEi breaks 7,000 mark

2018-06-22 business.inquirer.net
The benchmark Philippine Stock Exchange index (PSEi) continued its descent on Friday, briefly dropping below the 7,000 level before bargain hunters entered the fray.
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