February 12, 2019

DOE keenly watching NGCP’s MVIP project

By Lenie Lectura – February 12, 2019 from Business Mirror THE Department of Energy (DOE) is closely monitoring the progress of the multibillion peso Mindanao-Visayas Interconnection Project (MVIP) of the National Grid Corp. of the Philippines (NGCP). “We are monitoring […]
February 11, 2019

Ayala eyes buyout of Japanese partner in Batangas power project

By Myrna M. Velasco – February 10, 2019, 10:00 PM from Manila Bulletin The energy investment arm of the Ayala group is weighing its options on the possibility of buying out the 20-percent equity of a Japanese firm-partner in the […]
February 11, 2019

Utilities collected P26-B customers’ bill deposits

By Myrna M. Velasco – February 10, 2019, 10:00 PM from Manila Bulletin The country’s distribution utilities (DUs) have collected as much as P26.28 billion worth of bill deposits from customers as of January this year, prompting the Energy Regulatory […]
February 10, 2019

Malampaya fund to retire PSALM debts (Consumers unburdened of universal charges)

By Myrna M. Velasco – February 9, 2019, 10:00 PM from Manila Bulletin The universal charges on stranded debts and stranded contract costs in the electric bills of Filipino consumers will soon disappear, with Congress already tapping the use of the […]