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Meralco Asks ERC to Clear ‘20 Spending Plan of PhP15B

Manila Electric Co. (PSE: MER), the biggest retailer of electricity, asked the Energy Regulatory Commission to approve a request to implement its emergency capital expenditure program for 2020 amounting to around PhP15 billion.

Meralco said it filed the application for projects under regulatory year 2020 covering the period July 1, 2019 to June 30, 2020.

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