PBBM signs law extending Meralco franchise

PTVPhilippines

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Transcript

00:00The government has officially extended the franchise of the Manila Electric Company or Meralco

00:05following President Ferdinand R. Marcus Jr. signing of Republic Act No. 12146,

00:11granting the company a 25-year franchise extension.

00:15Meralco executives expressed gratitude to the chief executive

00:18for supporting what they described as a major step forward.

00:22Meralco said the franchise renewal will allow them to implement more programs

00:26and improve their services to their customers.

00:29Among them include the continued modernization and expansion of Meralco's distribution network

00:34to prevent future service disruptions.

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