Power distributor Manila Electric Co. (Meralco) has proposed a capital expenditure (capex) budget of approximately P247.14 billion for its first regulatory period covering 2027 to 2030.
In a 13-page filing with the Energy Regulatory Commission (ERC), Meralco said it plans to invest P51.81 billion in 2027, P61.19 billion in 2028, P61.08 billion in 2029, and P73.07 billion in 2030.
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