June 2, 2022

SMC Global Power to raise up to P40 B from bonds

By James A. Loyola – June 1, 2022, 3:35 PM from Manila Bulletin SMC Global Power Holdings Corporation is planning to raise up to P40 billion from the issuance of bonds consisting of a P30-billion float with an oversubscription of […]
June 2, 2022

ERC amends 2006 OATS rules

BY LENIE LECTURA – JUNE 2, 2022 from Business Mirror The Energy Regulatory Commission (ERC) has amended the Open Access Transmission Service (OATS) rules to synchronize with the commission’s existing rules. ERC Chairperson and CEO Agnes VST Devanadera said the […]
June 2, 2022

73 RE projects qualified to bid for 2,000MW capacity auction

By Myrna M. Velasco – June 1, 2022, 11:04 AM from Manila Bulletin About 73 projects have been qualified to bid for the 2,000 megawatts of renewable energy (RE) capacities to be administered by the Department of Energy (DOE) this […]
June 1, 2022

ERC orders 3 power utilities to refund customers

By Myrna M. Velasco – May 31, 2022, 3:16 PM from Manila Bulletin At least three electric cooperatives (ECs) in the Luzon and Visayas grids had been ordered by the Energy Regulatory Commission (ERC) to refund their customers aggregate P293.891 […]