Meralco bracing for P272-B capital outlays through 2030

MANILA, Philippines — Tycoon Manuel V. Pangilinan-led Manila Electric Co. (Meralco) is looking to pour P272 billion into its network through 2030 as the group beefs up its distribution infrastructure. Based on its filing to the Energy Regulatory Commission (ERC), Meralco, the biggest power distributor in the local market, seeks to allot capital expenditures (capex)