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Meralco gets ERC go-ahead for 15-year coal supply contract
August 25, 2025
|Business World Philippines
THE Energy Regulatory Commission (ERC) has allowed Manila Electric Co. (Meralco) to procure 100 megawatts (MW) of baseload power supply from the coal-fired power plant of a unit of Aboitiz Power Corp.
In a decision promulgated on Aug. 22, the ERC granted interim relief to Meralco and GNPower Dinginin Ltd. Co. (GNPD) for the implementation of their power supply agreement (PSA) at an annual capacity rate of P17,228.88.
This translates to P1.9668 per kilowatt-hour, excluding other charges such as fuel costs.
The ERC said the proposed rates are lower than the previously approved PSA rates for the same power plant.
هذه القصة من طبعة August 25, 2025 من Business World Philippines.
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