Meralco asks ERC permission to move facilities

By Lenie Lectura, BusinessMirror

Posted at Sep 01 2014 08:41 AM | Updated as of Sep 01 2014 04:41 PM

MANILA - The Manila Electric Co. (Meralco) is seeking approval from the Energy Regulatory Commission (ERC) to allow it to relocate its electric facilities to give way for the construction of the Ninoy Aquino International Airport (Naia) Expressway project.

The utility firm also asked that it be allowed to recover the value of facilities that may be retired equivalent to their respective remaining economic life through accelerated depreciation. Meralco said the relocation would not have adverse impact on the utility firm’s operation. “The relocation and attachment of Meralco’s facilities to the finished structure of expressway under the permanent setup contemplated would have no effect to Meralco’s operational efficiency since it will not result in any additional load,” the utility firm said in its eight-page application.

The Naia Expressway project is a four-lane elevated expressway with a total length of 7.15 kilometers. It will be implemented in two major phases.

Phase 2A will run through Naia Road with ramps to Roxas Boulevard, Macapagal Boulevard and Pagcor City.

Phase 2B will start from the existing Skyway in the South Luzon Expressway and then through Sales Avenue, Andrews Avenue and Tambo River.