SMC offers Meralco use of natural gas power plant to help stabilize power supply

 

 

MANILA, Philippines — San Miguel Global Power (SMGP), the power arm of San Miguel Corporation (SMC) hasoffered Manila Electric Co. (Meralco) use of its natural gas power plant in Ilijan, Batangas City, at minimal tariff to help stabilize power supply and keep electricity prices as low as possible.

In a statement, SMC president Ramon S. Ang said it will only cost Meralco P1 kilowatt per hour (kwh) to make use of the Ilijan natural gas power plant.

“Essentially, this will mean that the incremental power supply costs from such capacity for households may be cut down significantly compared to prevailing costs from coal power generation,” Ang said in a statemen…

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