Meralco’s generation unit asks ERC to approve supply agreements - News Summed Up

Meralco’s generation unit asks ERC to approve supply agreements


Meralco PowerGen Corp. is asking the Energy Regulatory Commission to act on pending power supply agreements with parent company and retailer Manila Electric Co. to ensure the security of supply in Luzon. With ERC now stabilizing, we will go back to them and reappeal to them,” newly appointed Meralco PowerGen president Rogelio Singson said. Meralco PowerGen is a wholly-owned unit of Meralco in charge of developing power generation projects. Meralco has pending power supply agreements with the ERC for three power projects which are being developed by Meralco PowerGen. The project is awaiting approval by ERC for a power supply agreement with Meralco.


Source: The Standard October 29, 2017 12:45 UTC



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