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Meralco eyes up to P30B for distribution projects
Business World Philippines
|November 25, 2025
POWER DISTRIBUTOR Manila Electric Co. (Meralco) is allocating a capital expenditure (capex) budget of P26 billion to P30 billion for 2026 to fund its distribution projects, its top executive said.
Speaking to reporters last week, Meralco Executive VicePresident and Chief Operating Officer Ronnie L. Aperocho said the company is earmarking a higher budget next year compared with this year's P25 billion to support projects aimed at improving customer service.
"Part of the capex is allocated for processing customer applications, constructing new substations, and replacing aging distribution facilities," Mr. Aperocho said.
He also noted that Meralco plans to conduct trials of an underground cable system within its franchise area.
The company is also setting aside P8 billion for the proposed rollout of smart meters under its advanced metering infrastructure (AMI) program.
This story is from the November 25, 2025 edition of Business World Philippines.
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