SMC, Ayala offer lower rates for Meralco’s clean energy needs

Subsidiaries of the San Miguel and Ayala groups have offered lower rates for Manila Electric Co.’s (Meralco) renewable energy supply needs totaling 500 megawatts (MW). In a statement on Thursday, the power distributor said San Roque Hydropower Inc. (SRHI), Gigasol3 Inc. and Santa Cruz Solar Energy Inc. (SCSEI) offered to supply its clean energy requirements
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