MANILA Electric Co., the country’s largest power distributor, said Thursday it was seeking Energy Regulatory Commission (ERC) approval to branch out into the retail electricity supply business.

In a disclosure to the Philippine Stock Exchange (PSE), Meralco said it filed an application for retail electricity supplier (RES) license with the ERC on Nov. 29, 2016 through its wholly owned subsidiary, Vantage Energy Solutions and Management Inc.

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