Meralco has strengthened its partnership with Korea Electric Power Corporation (KEPCO) through a memorandum of understanding (MOU) aimed at accelerating energy innovation in the Philippines.
The collaboration focuses on renewable energy, smart grids, nuclear power, energy storage systems, and electric vehicles, underscoring both companies’ commitment to sustainability and technological advancement.
The MOU outlines technical cooperation, exchange programs, and joint research initiatives designed to improve grid efficiency and reliability. Key areas of collaboration include advanced metering infrastructure, microgrids, smart substations, and distribution automation to modernize and strengthen the country’s power systems.
Meralco Chairman and CEO Manuel V. Pangilinan highlighted the importance of the partnership, emphasizing its role in fostering innovation and knowledge-sharing.
“We’re looking forward to work together with KEPCO. This collaboration allows us to refine our strategies, integrate new technologies, and find better ways to power the future. Beyond the business objectives, we want to forge and strengthen relationships that will drive meaningful progress,” Pangilinan said.
The partnership also includes technical training and employee exchange programs to enhance expertise in power infrastructure development.
This agreement builds on a previous MOU signed in November 2024, which focused on advancing smart metering technologies. The expanded collaboration reflects Meralco’s ongoing efforts to explore innovative energy solutions to meet the growing demands of its over eight million customers.
Meralco remains committed to ensuring 24/7 power reliability while supporting the Philippines’ long-term energy security and sustainability goals.