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PBBM signs law extending Meralco franchise
PTVPhilippines
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4/16/2025
PBBM signs law extending Meralco franchise
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Transcript
Display full video transcript
00:00
The government has officially extended the franchise of the Manila Electric Company or Meralco
00:05
following President Ferdinand R. Marcus Jr. signing of Republic Act No. 12146,
00:11
granting the company a 25-year franchise extension.
00:15
Meralco executives expressed gratitude to the chief executive
00:18
for supporting what they described as a major step forward.
00:22
Meralco said the franchise renewal will allow them to implement more programs
00:26
and improve their services to their customers.
00:29
Among them include the continued modernization and expansion of Meralco's distribution network
00:34
to prevent future service disruptions.
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