Meralco eyes LNG development project

Power distributor Manila Electric Co. (Meralco) crew working on the upgrade of electrical facilities in Silang, Cavite. POWER distribution utility Manila Electric Co. ( Meralco) has expressed its interest in a domes to its top executive.

Meralco President Oscar Reyes told reporters at the sidelines of

firm has not yet submitted a Reyes said “we are to express

Malampaya or other resources then probably the company should consider that potential because you may only have a lim

Reyes mentioned Meralco is ready “to provide the mar -

When asked why the company it was never shelved.

“We’ve always looked at it and we continue to look at it based on

- - ments of Solid Cement Corp.

The new connection line is said to commence its operations by

Reyes said last week Meralco

For Meralco, “so far, call it four- and- a- half to five [ percent] for this year because we’re do he added.

distributor, who named former public works secretary vice president and president and chief executive officer in sales volume in June from from residential customers.

subsidiaries are in the business construction, bills payments, and other electricity-related services.

Shares of Meralco closed at P283 apiece last Friday.