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MERALCO pledges support for real estate projects

BY: Catherine Cueto

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THE Manuel V. Pangilinan-led Manila Electric Company (Meralco) has reaffirmed its strong commitment to support Robinsons Land Corporation (RLC) by ensuring timely delivery of reliable electric services to the latter’s commercial and residential developments. 

In a recent executive engagement, key officials of the distribution utility presented a comprehensive development plan that will support the power requirements of the existing and future projects of the Gokongwei-led real estate firm.  

Among those set to be energized by Meralco are Sierra Valley in Rizal and The Jewel in Mandaluyong City which are both slated to be operational by 2026. 

"We are excited to partner with Meralco to further our mission of promoting sustainable development. This partnership will enable us to provide our customers and residents with energy-efficient solutions that are both environmentally friendly and economically viable. Together, we are not only reaching significant milestones but also paving the way for future innovations and growth. Our commitment to excellence and sustainable development reaffirms our shared vision for a brighter, more resilient future,” said Lance Y. Gokongwei, President and CEO of RLC.

In the past five years, Meralco and RLC’s partnership has spanned operational efficiencies and sustainability initiatives. These include the solar photovoltaic (PV) installation for Nustar Resort and Casino through the utility’s solar company, MSpectrum. RLC also tapped Meralco’s sustainable mobility arm, Movem, for the installation of the electric vehicle charging stations in several Robinsons Malls in 2022. RLC is also part of the government’s Interruptible Load Program, under which 10 Robinsons Malls in Meralco franchise area take part in demand-side management when power supply situation in Luzon is insufficient. Through this, RLC — which has a total de-loading capacity of 31 MW — helps spare households and small businesses from unplanned power interruptions.