Philstar.com·4 min read·hard
Sta. Rita gets 6-month extension, Malampaya gas to support Ilijan
✦AI Summary
The Energy Regulatory Commission has extended Meralco's power purchase agreement with First Gen Corp for the Sta. Rita plant until 2026. This move aims to lower consumer costs and improve fuel security by sharing Malampaya gas with the Ilijan plant.
From AB Capital's The Opening Bell: Three Moves
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