The Manila Electric Co. (Meralco) is revising its proposed Annual Revenue Requirement (ARR) and Performance Incentive Scheme (PIS) that are supposedly intended for years 2023 up to 2026 because the numbers no longer reflect the utility firm’s actual spending, according to a company official. Under the Fifth Regulatory Period (5RP)…
THE Manila Electric Co. (Meralco) is assessing its financial position to determine if it can borrow money this year to fund its power projects. “Yes, we are currently reviewing already our cash flow requirements given the capex. We’re looking to do something within the year,” said Meralco Senior Vice President…
THE Energy Regulatory Commission (ERC) has set the hearing this month on the application of the Manila Electric Co. (Meralco) for the approval of its proposed Annual Revenue Requirement (ARR) and Performance Incentive Scheme (PIS) for the Fifth Regulatory Period (5RP). “Finding the said application to be sufficient in form…