Philstar.com·3 min read·hard
ERC rejects Meralco-SMC power supply deal
B
Brix Lelis
✦AI Summary
The Energy Regulatory Commission (ERC) rejected a power supply agreement between Meralco and San Miguel Corp., citing a lack of urgency and a projected power surplus for the current year. The decision impacts long-term energy planning and compliance with renewable energy standards.
MANILA, Philippines - The Energy Regulatory Commission (ERC) has thumbed down Manila Electric Co. (Meralco)'s planned procurement of a 200-megawatt (MW) baseload power supply from San Miguel Corp.
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