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                    [ArticleID] => 100769
                    [Title] => Meralco rates seen to drop by 30¢/Kwh
                    [Summary] => 

The rates of Manila Electric Co. (Meralco) may go down by as much as 30
centavos per kilowatt hour once the 1,000-megawatt (MW) Sta. Rita gas-fired
power plant goes into commission.

In an investors' report on the Lopez-run First Philippine Holdings Inc.,
Cazenove & Co. said the entry of the Sta Rita's first block (500-MW) alone
"'is expected to pare down Meralco's rate by P0.15 per Kwh and approximately
P0.30 per Kwh if the whole capacity would be dispatched."

The Sta. Rita power plant is being operated by First Gas Power Corp. (FGPC), a
subsidiary of FPHI like Meralco.
                    [DatePublished] => 2000-02-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

CAZENOVE

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    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 100769
                    [Title] => Meralco rates seen to drop by 30¢/Kwh
                    [Summary] => 

The rates of Manila Electric Co. (Meralco) may go down by as much as 30
centavos per kilowatt hour once the 1,000-megawatt (MW) Sta. Rita gas-fired
power plant goes into commission.

In an investors' report on the Lopez-run First Philippine Holdings Inc.,
Cazenove & Co. said the entry of the Sta Rita's first block (500-MW) alone
"'is expected to pare down Meralco's rate by P0.15 per Kwh and approximately
P0.30 per Kwh if the whole capacity would be dispatched."

The Sta. Rita power plant is being operated by First Gas Power Corp. (FGPC), a
subsidiary of FPHI like Meralco.
                    [DatePublished] => 2000-02-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Meralco rates seen to drop by 30¢/Kwh

By Ted P. Torres | February 14, 2000 - 12:00am

The rates of Manila Electric Co. (Meralco) may go down by as much as 30 centavos per kilowatt hour once the 1,000-megawatt (MW) Sta. Rita gas-fired power plant goes into commission. In an investors' report on...

Business