CARTOON FOR JULY 03, 2026

PEDC Unit 3 back on grid ahead of recovery schedule

Panay Energy Development Corporation (PEDC), a subsidiary of MGEN Thermal, has synchronized Unit 3 of its 278.4-megawatt (MW) coal-fired power plant in Lapaz, Iloilo City to the grid, completing its recovery from an equipment failure in May 2026. The restoration, announced July 2, 2026, brings back an important source of reliable power for Panay Island