August 23, 2017

Senate not convinced NEA did best to contain Palawan brownouts

By Lenie Lectura – August 22, 2017 from Business Mirror A REPORT on the frequent brownouts in Palawan submitted by the National Electrification Administration (NEA) failed to convince a lawmaker the agency did its best to address the problem. Sen. […]
August 23, 2017

Govt to push through with Malaya plant sale

by Alena Mae S. Flores – August 21, 2017 at 08:31 pm from Manilastandard.net The government will push through with the privatization of the 650-megawatt Malaya thermal power plant in Pililla, Rizal this year to ensure additional capacity in the Luzon grid. “What DoE […]
August 22, 2017

NEA plans big loans to electric cooperatives

By Myrna M. Velasco – August 19, 2017, 10:01 PM from Manila Bulletin State-run agency National Electrification Administration (NEA) will be funneling bulk of its P4.9-billion budget for 2018 to loans and energization projects of electric cooperatives (ECs). It said the […]
August 18, 2017

PetroEnergy income up 180% to $6.55 million

By Lenie Lectura – August 17, 2017 from Business Mirror PetroEnergy Resources Corp. (PERC) reported a 180-percent jump in net income at end-June this year to $6.55 million, from $2.34 million in the same period last year, mainly brought about […]