Manila Electric Co. ( Meralco) and Tokyo Electric Power Co. Inc. (TEPCO) have agreed to continue cooperating, exchanging technology and information to improve power distribution in both countries.
According to Meralco President and CEO Oscar Reyes, the move will further strengthen Meralco’s delivery of services to its customers.
(MoU) that seeks for the continuous exchange of technology and information which will enhance both firms’ service to their customers.
Under the Memorandum of Understanding (MoU,) Meralco and TEPCO will exchange best practices that can lead to innovative energy solutions.
“The continuing partnership with TEPCO is another milestone for the company as it opens opportunities for development to Meralco,” said Reyes.
Meralco is the country’s largest distribution utility with over 5.5 million customers.
It is also known to pioneer energy solutions and innovations such as prepaid electricity Kuryente Load, E-Vehicles and Power Stations, and Meralco Virtual Engine (MovE) mobile application among others.