TOKYO: The Manuel Pangilinan-led Manila Electric Co. (Meralco) will allot P86 billion for capital expenditure (capex) in the next five years to upgrade its distribution network and customer service infrastructure.
Oscar Reyes, Meralco president and chief executive officer, said in a press briefing here on Saturday that the company plans to spend P65 billion for its distribution network and P21 billion for its electricity generation business from 2015 to 2019.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.