Meralco denies costly contracts, opts for least-cost power


MANILA, Philippines — Manila Electric Company (Meralco) has denied allegations that it has been entering into unfavorable power supply contracts that would lead to expensive electric prices, noting that it has been sourcing the least-cost available supply. In a statement on Tuesday, Meralco vice president and spokesperson Joe Zaldarriaga said that the company has been

Read more at : inquirer

Disclaimer : We make no assurance about the completeness and accuracy of the content of this website. All news on this website is collected from various sources hence information may or may not be true. Money Nations does not verify the reliability of the content published. We do not accept any accountability for loss or damage occurred as a result of reliability on the content of this website.