MVP welcomes renewal of Meralco’s franchise

0
178
Meralco Chairman and CEO Manuel V. Pangilinan on the renewal of Meralco’s franchise

We welcome the renewal of Meralco’s franchise—a recognition of our role in helping power the nation’s growth. 

This development fortifies our commitment to deliver stable, reliable, and affordable electricity to millions of Filipinos across our franchise area. 

We thank President Ferdinand R Marcos Jr. for his invaluable support. We are grateful to the  Senate and the House of Representatives for enacting this important measure. The renewal reflects a shared effort to ensure that Meralco continues to meet the evolving needs of consumers through innovation, operational excellence, and dependable service. 

The fresh franchise enables us to implement long-term energy infrastructure projects that will further improve the delivery of electricity to homes, businesses, and industries that fuel the country’s development. It also allows us to continue investing in the modernization and expansion of our distribution network—making it more resilient to climate-related disruptions—while introducing innovations that enhance efficiency and raise customer experience. Finally, it reinforces our common desire to attain substantial energy independence in the long run.  

With the continued trust of our leaders and stakeholders, we remain committed to transparency, regulatory compliance, and corporate social responsibility. 

Meralco stands firm in its mission to support the Government’s nation-building agenda, drive economic progress, and improve the lives and economic well-being of our people.