May 13, 2020

ERC hikes capacity limits for power generation firms

By Lenie Lectura – May 13, 2020 from Business Mirror The Energy Regulatory Commission (ERC) has issued a resolution increasing the capacity limits of power generation companies (gencos) for this year. The commission set the Installed Generating Capacity (IGC) limit […]
May 13, 2020

PSALM pares power sector debts by ₱27 B

By Myrna M. Velasco – May 12, 2020, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) was able to trim power sector debts by ₱27 billion last year to ₱422.01 billion as of end-December […]
May 12, 2020

Semirara income falls 43% to P1.2 B

By Myrna M. Velasco – May 11, 2020, 10:00 PM from Manila Bulletin With the combined effect of reduced coal sales and cheaper energy prices, the net income after tax (NIAT) of Consunji-led Semirara Mining and Power Corporation (SMPC) had […]
May 12, 2020

NGCP tech partner turns over masks to Red Cross

By Jordeene B. Lagare – May 12, 2020 from The Manila Times THE State Grid Corp. of China (SGCC), the technical partner of the National Grid Corp. of the Philippines (NGCP), donated 500,000 surgical masks to the Philippine Red Cross […]