SMC offers Ilijan plant’s capacity to Meralco at P1 per kWh

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SMC said the move would help keep electricity prices as low as possible for consumers while ensuring a steady power supply in the coming months. READ:

1,200-megawatt Ilijan natural gas plant available to Manila Electric Co. for a fraction of its capital cost.

This means that the power costs for households from the facility would be much lower compared to prevailing prices from coal power generation. Ang said to help address fuel constraints, SMCGP was also offering to help source the fuel for the Ilijan facility ―whether from its allocation of Malampaya gas or liquid fuel—which Meralco would pay for.

 

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