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Meralco signs 20-year biogas supply deal
August 05, 2025
|Business World Philippines
MANILA ELECTRIC CO. (Meralco) has entered into a 20-year power supply agreement (PSA) with First Quezon Biogas Corp. (FQBC) to source part of its renewable energy (RE) supply from a 1.4-megawatt (MW) biogas power plant.
In a statement on Monday, Meralco said it will draw 1.25 MW from FQBC’s biomass power plant located in Candelaria, Quezon province, a facility that converts locally sourced agricultural waste into electricity.
“We hope that the signing of the PSA would encourage more investment in biogas to help local communities and to further develop this type of RE technology,” Meralco Senior Vice-President and Head of Regulatory Management Jose Ronald V. Valles said.
هذه القصة من طبعة August 05, 2025 من Business World Philippines.
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