COMPANY NAME: Manila Electric Company TITLE: Studying Manila Electric Company History of The Company

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COMPANY NAME: Manila Electric Company

TITLE: Studying Manila Electric Company


HISTORY OF THE COMPANY:

Manila electric company is also known as MERALCO, it is an electric power


distribution company in the Philippines. It was established on March 14, 1903.
It was the largest private sector electric distribution utility in the Philippines.
Originally name “MANILA ELECTRIC RAILROAD AND LIGHT
COMPANY. It was the first power company given franchise to operate electric
cars called TRANVIA and provide electricity in the Manila and surrounding
areas. In 1919 it changed its official name into MANILA ELECTRIC
COMPANY. Atty. Rey C. Espinosa was their CEO and Mr. Manuel V.
Pangilinan was thier President. Their headquarters is located at Meralco Center,
Ortigas Avenue, Pasig, Metro Manila Philippines.The power segment, primarily
power distribution, consists of operations of Meralco and its subsidiary, Clark
Electric Distribution Corporation (CEDC), which is a registered private
distribution utility serving exclusively within its franchise area including the
Clark Freeport Zone.Meralco has a minority equity interest in power generating
company Global Business Power Corporation (GBP). Separately, it is
developing power generation plants through wholly owned subsidiary Meralco
PowerGen Corporation (MGen). This last march 14, 2020 was their 117th years
anniversary in the service.

This is the building of the MERALCO

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