Meralco wants to raise capital expenditures from P5.75 billion to P6 billion (which would be about US$ 115 million).
Here’s a look at their historical capex, converted to US$ at historically prevailing exchange rates - expressed in millions.
Actually, 1999 and 2000 were interpolated as they were not available on the Meralco site.Updated from Comments
Monthly Archives: August 2006
Meralco Capex
Aug 22nd – 7am
Asian Energy’s Marketing Fundamentals
Aug 21st – 9am
I love you guys. I really do.
“Hey everybody, we’re all gonna get laid.”
Rodney Dangerfield as “Al Czervik” Last line from Caddyshack
Update (8-21-07) Looking at this post a year later, I see that it was probably unfair to simply point you to a long post that required careful parsing to get the final meaning. Here’s [...]
Price of Capacity in Philippines
Aug 19th – 1pm
The key take-away on the last line of my previous post, of course, is that the anticipated EBITDA (per kW of capacity) on Masinloc must be a lot lower than for Mirant’s NPC IPP contracts.
Here’s another take on the Mirant numbers. $370 million EBITDA on 2200 MW yields $168/kW-Yr. That, essentially, is the cost of [...]