POWER distributor Manila Electric Co. (Meralco) and Japanese firm Osaka Gas Co. Ltd. are set to conduct a feasibility study on whether to proceed with a planned 1,500 megawatt (MW) gas-fired power plant project that will cost $2 billion.
“We’ll find out before the end of the year if it’s a go,” Meralco chairman Manuel V. Pangilinan told reporters over the weekend.
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