October 5, 2022

NEA set to takeover Albay electric coop anew

By Myrna M. Velasco – October 4, 2022, 2:53 PM from Manila Bulletin Government-run National Electrification Administration (NEA) will take over again the operation and management of the Albay Electric Cooperative (ALECO), after the member-consumer-owners (MCOs) of the power utility […]
October 5, 2022

Meralco seeks emergency power supply procurement for 1,000MW

By Myrna M. Velasco – October 4, 2022, 1:39 PM from Manila Bulletin Following regulatory decision that junked the P0.30 per kilowatt hour (kWh) rate hike petition of supplier SMC Global Power Holdings (SMCGP), power utility giant Manila Electric Company […]
October 5, 2022

DOE approves Razon’s acquisition of Malampaya operating stake

By Myrna M. Velasco – October 3, 2022, 2:48 PM from Manila Bulletin The Department of Energy (DOE) has approved the acquisition of the 45 percent operating equity in the Malampaya gas project by Razon-led Prime Exploration Pte. Ltd. for […]
October 4, 2022

ERC denies SMC-Meralco rate hike application

By Myrna M. Velasco – October 3, 2022, 9:23 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has denied the P0.30 per kilowatt hour (kWh) rate hike that had been jointly applied for by the Manila Electric Company (Meralco) […]