^
+ Follow NAPOCOR AND MERALCO Tag
NAPOCOR AND MERALCO
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 761991
                    [Title] => Meralco welcomes ecozone discount extension
                    [Summary] => 

Manila Electric Co. (Meralco) has welcomed the government’s decision to extend the transition supply contract (TSC) between Meralco and the National Power Corp. (Napocor), the Customer Choice Program (CCP) and the Ecozone Rate Program (ERP).

[DatePublished] => 2011-12-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 526436 [Title] => Meralco asks court to allow P14-billion settlement [Summary] =>

Power utility firm Manila Electric Co. (Meralco) has asked the Pasig regional trial court (RTC) to uphold its P14 billion settlement claim with state-run National Power Corp. (Napocor).

[DatePublished] => 2009-11-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Metro [SectionUrl] => metro [URL] => ) [2] => Array ( [ArticleID] => 505882 [Title] => ERC suspends hearings on Napocor-Meralco penalty settlement row [Summary] =>

The Energy Regulatory Commission (ERC), the country’s power sector watchdog, has suspended hearings on the multi-billion peso unpaid penalty settlement between Manila Electric Co. (Meralco) and the National Power Corp. (Napocor).

[DatePublished] => 2009-09-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 10755 [Title] => Meralco cuts rates by 43¢ [Summary] => [DatePublished] => 2007-08-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 381318 [Title] => PSALM lines up Masinloc plant for rebidding by mid-year [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) will rebid the Masinloc coal-fired power plant in Zambales by the middle of this year, a ranking company official said.

PSALM vice president for asset management and electricity trading Froilan Tampinco said Masinloc will likely be the next big-ticket item to be auctioned by the government following the bidding for the National Transmission Corp. (TransCo) next month.
[DatePublished] => 2007-01-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 376063 [Title] => ‘Power rates may go up by P7 per kwh’ [Summary] => A consumer advocacy group said yesterday electricity rates may go up by as much as P7 per kilowatt-hour by February next year if the Energy Regulatory Commission (ERC) approves all pending rate hike petitions of the Manila Electric Co. (Meralco), the National Transmission Corp. (TransCo) and the National Power Corp. (Napocor).

The scenario was raised at a press conference by Consumer and Oil Price Watch (COPW) chairman Raul Concepcion.

Concepcion, who has been monitoring power rate movements, said Meralco has three pending rate hike applications with the ERC. [DatePublished] => 2006-12-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [6] => Array ( [ArticleID] => 373415 [Title] => ‘Meralco’s unsettled penalties now total P56B’ [Summary] => Manila Electric Co. (Meralco) now owes the National Power Corp. (Napocor) about P56 billion in unsettled penalties from its previous supply agreement with the state-owned power firm.

Napocor president Cyril del Callar said the penalties, which initially stood at P20 billion, kept on increasing because of the current auditing rules of the Commission on Audit (COA).

The Meralco receivables accounted for about half of the P111.4-billion customers’ receivables booked by Napocor in 2005.
[DatePublished] => 2006-12-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 368007 [Title] => PSALM optimistic on asset disposition timetable [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) has expressed optimism that it would be able to gain momentum on its privatization efforts following a strong indication from the National Power Corp. (Napocor) and the Manila Electric Co. (Meralco) that they are nearing agreement on a transition supply contract (TSC), a ranking energy official said.
[DatePublished] => 2006-11-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 354285 [Title] => TransCo’s P7-B claim part of deal with Napocor — Meralco [Summary] => The Manila Electric Co. (Meralco) clarified yesterday that the National Transmission Corp.’s (Transco) claim for unsettled transmission charges is already part of the settlement agreement between Meralco and the National Power Corp (Napocor).

Meralco also said TransCo’s P7-billion claim is inaccurate.
[DatePublished] => 2006-08-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 352763 [Title] => Napocor, Meralco, mull scheme to reduce power rates [Summary] => The National Power Corp. (Napocor) and the Manila Electric Co. (Meralco) are expected to draw up more programs that would further bring down power rates particularly in the industrial sector.

"Napocor and Meralco could think of other agreements or another program on rate schedule that would allow them to offer savings to their big customers," Energy Secretary Raphael Lotilla told reporters during the signing of the Power of Choice program of Napocor and Meralco Friday night.
[DatePublished] => 2006-08-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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