March 9, 2022

DOE seeks EO to suspend coal import duty

By Myrna M. Velasco – March 8, 2022, 4:14 PM from Manila Bulletin The Department of Energy (DOE) is batting for the issuance of an Executive Order (EO) by President Rodrigo Duterte to suspend the 7.0 percent import duty on […]
March 8, 2022

Meralco moves supply bid deadline

BY LENIE LECTURA – MARCH 7, 2022 from Business World The Manila Electric Co. (Meralco) has moved the deadline for the submission of counter offers for the supply of 850 megawatts (MW) of mid-merit renewable energy that the utility firm […]
March 8, 2022

Aboitiz Power income soars 66% to P20.8 B in 2021

By Myrna M. Velasco – March 7, 2022, 3:35 PM from Manila Bulletin The net income of Aboitiz Power Corporation had soared 66-percent to P20.8 billion last year from P12.6 billion in 2020 on capacity addition of 668 megawatts from […]
March 8, 2022

SPNEC shareholders approve P60-B stock swap

By James A. Loyola – March 7, 2022, 3:41 PM from Manila Bulletin Solar Philippines Nueva Ecija Corporation’s stockholders have approved its increase in authorized capital stock and the P60 billion share swap with parent company Solar Philippines Power Project […]