September 1, 2021

SMPC remits ₧1.7B in royalties to government

BY LENIE LECTURA – AUGUST 31, 2021 from Business Mirror   CONSUNJI-led Semirara Mining and Power Corp. (SMPC) has turned over nearly P1.7 billion in royalty payment to the Department of Energy (DOE) in the second quarter. Of the amount, […]
September 1, 2021

Singapore group offers to acquire 5.7% of First Gen for P6.76b

By Alena Mae S. Flores – August 31, 2021 at 08:35 pm from manilastandard.net Philippines Clean Energy Holding Inc., controlled by Valorous Asia Holdings Pte. Ltd. of Singapore, offered to acquire up to 5.7 percent of First Gen Corp.’s outstanding […]
August 31, 2021

Fake DOE letters to DFA caused delays in power plant maintenance works

By Myrna M. Velasco – August 30, 2021, 4:46 PM from Manila Bulletin Fake letters or correspondence sent by unscrupulous individuals to the Department of Foreign Affairs (DFA) had caused delays in power plant maintenance activities that subsequently triggered this […]
August 31, 2021

DoE orders Napocor to resolve Mindoro power issues; improvements expected by end of September

By Revin Mikhael D. Ochave – August 27, 2021 | 6:29 pm from Business World THE Department of Energy (DoE) said it has ordered the National Power Corp. (Napocor) to address the power supply concerns in Mindoro.    Energy Secretary Alfonso G. Cusi said […]