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...

Meralco unit eyes 1,500MW RE capacity

A SUBSIDIARY of Manila Electric Co. (Meralco) is targeting to build a renewable energy (RE) portfolio of 1,500 megawatts (MW) over the next three to five years. At the sidelines of the Wednesday Roundtable at Lido Cocina Tsina in Quezon City, Meralco PowerGen Corp....