Meralco Spends $12.3 M to boost substations
Three major substation upgrades aim to meet rising power demand in Laguna, Cavite, Valenzuela, Malabon, BGC, and parts of Makati.
Image for illustrative purposes
The Philippines, Manila: Meralco invested a total of $12.3 M (P683.74 M) in the first quarter of the year to upgrade and expand three key substations, addressing increasing power needs across its service areas.
According to a company presentation, $4.8 M (P268.84 M) was allocated for the Mesaland 115-34.5 kV substation, which became operational in March. The project involved installing a new power transformer and gas-insulated switchgear to provide additional capacity for growing loads in Laguna and Cavite.
In Valenzuela and Malabon, Meralco expanded its Malinta Substation, backed by a $3.4 M (P188.41 M) budget, to support increasing electricity demand.
Another $4.1 M (P226.49 M) went into improvements at the Bonifacio Global City (BGC) switchgear substation, where the company installed a new transformer and switchgear to serve expanding load requirements and boost system flexibility in BGC and parts of Makati.
“These projects are part of our efforts to deliver added capacity and better serve both urban and rural areas,” said Froilan J. Savet, Meralco’s First Vice-President and Head of Networks.
Meralco reaffirmed its commitment to making substantial investments in infrastructure to ensure a stable, secure, and reliable electricity supply for its customers.
Meralco’s controlling interest lies with Beacon Electric Asset Holdings, partly owned by PLDT Inc. Meanwhile, Hastings Holdings, a PLDT trust fund unit, holds a stake in BusinessWorld via the Philippine Star Group.
Source: msn
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