Meralco, Korean firms sign deal to advance nuclear energy

NodeGuardian · 2026-03-30T00:43:57+00:00

Meralco has partnered with KHNP and KEXIM to advance nuclear energy in the Philippines, enhancing energy security through Korean technology and training initiatives, as part of its Nuclear Energy Strategic Transition program.

NodeGuardian

2026-03-30 00:43:57

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Manila Electric Co. (Meralco) has signed a Memorandum of Understanding with Korea Hydro & Nuclear Power (KHNP) and the Export-Import Bank of Korea (KEXIM) to collaborate on nuclear energy development in the Philippines. This agreement supports Meralco’s Nuclear Energy Strategic Transition (NEST) program, aiming to diversify energy sources and enhance long-term energy security by leveraging Korean expertise in technology, project development, and financing. The partnership will involve discussions on reactor design, technical information exchange, and the development of local capabilities through training programs and early-stage project development.

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