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                    [ArticleID] => 97947
                    [Title] => Meralco gives up on 8% RORB target
                    [Summary] => The Manila Electric Corp. (Meralco) has practically given up hopes of attaining an eight-percent return on rate base (RORB) as its P0.30 per kilowatthour (Kwh) rate increase petition has not been granted.


Last April, Meralco filed for a P0.30 per Kwh rate hike to bolster its aim of achieving an eight-percent RORB which is a requirement by its creditors for the power firm to access low-interest loans. Meralco treasurer Rafael Andrada earlier said the electricity distributing company could "at best" achieve a five-percent RORB at the end of the year without the rate hike.


                    [DatePublished] => 2000-11-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 98486
                    [Title] => Foreign firms still interested in Meralco buy-in — official
                    [Summary] => Foreign investors remain interested in acquiring a reasonable stake in the Manila Electric Co. (Meralco) despite adverse political conditions now plaguing the country.


Meralco president and chief executive officer Manuel Lopez said there are companies based in the United Kingdom and the US that are interested in the country’s biggest private electricity distribution company.


"There are several UK and US companies who are still interested but I can not give their names while talks are still ongoing," Lopez told The STAR.


                    [DatePublished] => 2000-10-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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CHINA ELECTRIC CO

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                    [ArticleID] => 97947
                    [Title] => Meralco gives up on 8% RORB target
                    [Summary] => The Manila Electric Corp. (Meralco) has practically given up hopes of attaining an eight-percent return on rate base (RORB) as its P0.30 per kilowatthour (Kwh) rate increase petition has not been granted.


Last April, Meralco filed for a P0.30 per Kwh rate hike to bolster its aim of achieving an eight-percent RORB which is a requirement by its creditors for the power firm to access low-interest loans. Meralco treasurer Rafael Andrada earlier said the electricity distributing company could "at best" achieve a five-percent RORB at the end of the year without the rate hike.


                    [DatePublished] => 2000-11-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 98486
                    [Title] => Foreign firms still interested in Meralco buy-in — official
                    [Summary] => Foreign investors remain interested in acquiring a reasonable stake in the Manila Electric Co. (Meralco) despite adverse political conditions now plaguing the country.


Meralco president and chief executive officer Manuel Lopez said there are companies based in the United Kingdom and the US that are interested in the country’s biggest private electricity distribution company.


"There are several UK and US companies who are still interested but I can not give their names while talks are still ongoing," Lopez told The STAR.


                    [DatePublished] => 2000-10-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

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Meralco gives up on 8% RORB target

By Ted P. Torres | November 20, 2000 - 12:00am

The Manila Electric Corp. (Meralco) has practically given up hopes of attaining an eight-percent return on rate base (RORB) as its P0.30 per kilowatthour (Kwh) rate increase petition has not been granted. Last April,...

Business

Foreign firms still interested in Meralco buy-in — official

By Ted P. Torres | October 14, 2000 - 12:00am

Foreign investors remain interested in acquiring a reasonable stake in the Manila Electric Co. (Meralco) despite adverse political conditions now plaguing the country. Meralco president and chief executive officer...

Business