The gas plants of Lopez-led First Gen Corp. will use the more expensive liquid fuel in March to continue supplying the requirements of the Manila Electric Co. (Meralco), a scenario that may likely raise electricity prices. First Gen was supposed to initiate an emergency tender process for a 4th liquefied…
LOPEZ-led First Gen Corp. wants to know from the Manila Electric Co. (Meralco) if it will be able to pay for the next batch of LNG (liquefied natural gas) supply to determine the next steps it must undertake for its next supply procurement. “First Gen told us that if we…
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