IMG SOURCE: MANILA BULLETIN Manila Electric Co. (Meralco) approaches its 100-percent electrification by June target after energizing nearly its entire franchise area through the Meralco Electrification Program. Ray Espinosa, Meralco president and chief executive officer, said during the listed firm's annual stockholders' meeting that the power company has energized 99.94% of its franchise area, up from the 99.59% rate in 2019. In 2020, Meralco installed 208 kilometers of distribution lines on 5,151 poles and 436 distribution transformers with a total capacity of 15,015-kilovolt amperes. As a result, a total of 261 sites were energized in the past year, benefiting approximately 11,354 households. For the remainder of 2021, Meralco is aiming to energize another 240 sites with 9,004 households to reach its target.