Meralco PowerGen Corp. (MGen), the power unit of electric distributor Manila Electric Co. (Meralco), has put up more power plants to add 3,000 megawatts to the Luzon grid and address a shortage in the region.
“SBPL [San Buenaventura Power Ltd. Co. in Mauban, Quezon], has reached financial closure, the project has broken ground, and the notice to proceed (NTP) has been given. We are proceeding with RP Energy [Redondo Peninsula Energy Inc.] as a 600 MW facility.
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