MGen’s Singapore unit vies for $900-M project

Jurong Island, Singapore — PacificLight Power, a subsidiary of Meralco PowerGen Corp. (MGen), is ready to muster $900 million if and when it wins a bidding for a 600-megawatt (MW) natural gas plant, a company executive said. PacificLight Power is a joint venture between MGen and First Pacific Co., with the former holding a 58-percent
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