February 29, 2024

Aboitiz Power pursues expansion of TVI coal project

By Alena Mae S. Flores – February 28, 2024, 8:10 pm from manilastandard.net Aboitiz Power Corp. will award next month the engineering, procurement and construction (EPC) contracts for subsidiary Therma Visayas Inc.’s planned coal expansion in Toledo, Cebu. “We are […]
February 28, 2024

ACEN seeks to recover P2.5 billion from high coal prices

By Alena Mae S. Flores – February 27, 2024, 7:45 pm from manilastandard.net ACEN Corp. sent notices to Manila Electric Co. (Meralco) for a change in circumstance (CIC) in its 2019 power supply agreement, seeking to recover about P2.5 billion […]
February 27, 2024

First Gen saves costs by acquiring operational Casecnan facility

By Alena Mae S. Flores – February 26, 2024, 8:18 pm from manilastandard.net First Gen Corp. of the Lopez Group said Monday it saved on costs and time from building a new power plant by acquiring the 165-megawatt Casecnan Hydroelectric […]
February 26, 2024

PSALM receives Casecnan payment from First Gen unit

By Alena Mae S. Flores – February 25, 2024, 7:35 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. (PSALM) received on Friday the payment for the 165-megawatt Casecnan Hydroelectric Power Plant (CHEPP) from Fresh River Lakes Corp. […]