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Buoyed by the strong financial outcome of its Pacific Light gas-fired power venture in Singapore and the uptick in energy sales, the consolidated core net income of Manila Electric Company (Meralco) climbed nine percent to P19.6 billion in this year’s nine-month stretch from P18.1 billion in the sam
ERC sorts out issues with DUs
By MYRNA M. VELASCO
The Energy Regulatory Commission (ERC) has engaged the private distribution utilities (DUs) so they can sort out common ground on how delayed regulatory approvals for this core segment of the power industry could be addressed.
During a cour