March 5, 2022

Meralco obtains nod on 180-MW auction

By Alena Mae S. Flores – March 4, 2022, 8:05 pm from manilastandard.net The Department of Energy approved the request of power retailer Manila Electric Co. to hold another bidding on the contract to supply 180 megawatts of baseload capacity. […]
March 5, 2022

Alsons corners rating upgrade for P3-B CP issuance

By Myrna M. Velasco – March 4, 2022, 4:22 PM from Manila Bulletin Alcantara-led Alsons Consolidated Resources Inc. (ACR) cornered a credit rating upgrade by Philippine Rating Services Corporation (PhilRatings) for its P3.0 billion commercial papers (CP) issuance. The credit […]
March 4, 2022

Meralco sees power sales growing by 6% this year

BY LENIE LECTURA – MARCH 3, 2022 from Business Mirror THE Manila Electric Co. (Meralco) is expecting to register over a 6-percent increase in electricity sales volume this year as restrictions eased under Alert Level 1. “Six percent is achievable […]
March 4, 2022

Duterte wants nuclear power to replace coal plants

By Myrna M. Velasco – March 3, 2022, 3:16 PM from Manila Bulletin Newly-issued Executive Order 164 of President Rodrigo Duterte has stipulated that the country’s need for baseload electricity supply shall be plugged by nuclear power facilities, which will […]