THE Energy Regulatory Commission (ERC) has dropped the power deals of Manila Electric Co. (Meralco) with three entities following a Supreme Court (SC) ruling mandating firms to subject such agreements to public bidding.

The agency granted the joint urgent motion to withdraw the joint application filed by Meralco and Atimonan One Energy Inc. (A1E), Meralco and Redondo Peninsula Energy Inc., and Meralco and Global Luzon Energy Development Corp. in separate orders dated Aug. 13, 2019.