September 4, 2017

DENR shortens duration of ECC approvals for power projects

By Myrna M. Velasco – September 3, 2017, 10:01 PM from Manila Bulletin The Department of Environment and Natural Resources (DENR), in collaboration with the Department of Energy (DoE), will simplify and shorten the duration of approval processes for the environmental […]
August 29, 2017

Transco renews bid to tap Malampaya Fund to finance P60-billion power projects

By Lenie Lectura – August 28, 2017 from Business Mirror The National Transmission Corp. (Transco) is proposing to tap the Malampaya Fund to undertake a number of transmission-line projects amounting to over P60 billion. Transco President Melvin Matibag cited the […]
August 26, 2017

PSALM debt down P45 billion, P490 billion more to settle

By Lenie Lectura – August 26, 2017 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) has reduced its liabilities by over P45 billion at end-June this year, bringing down the state firm’s obligations to P490 billion. “PSALM financial […]
August 26, 2017

Manila power rates at par with Singapore

by Alena Mae S. Flores – August 24, 2017 at 06:58 pm from Manilastandard.net The Philippines’ power rates are among the highest in Asean, but are at par with Singapore, the Energy Department said in the newly released Power Development Plan for 2016 to […]