February 3, 2023

ACEN takes full ownership of Australian joint venture

BY LENIE LECTURA – FEBRUARY 3, 2023 From Business Mirror ACEN Renewables International (ACRI), a subsidiary of Ayala-led ACEN Corp., took full control of UPC Renewables Asia Pacific Holdings (UPCAPH) after completing the second and final tranche of the acquisition. […]
February 3, 2023

NEA eyeing P29 B for electrification projects

By Myrna M. Velasco – February 2, 2023, 3:36 PM from Manila Bulletin The National Electrification Administration (NEA) will be knocking on the doors of the Executive Branch and Congress to secure up to P29.542 billion budget to bankroll the […]
February 2, 2023

NPC wants to recover fuel cost

BY LENIE LECTURA – FEBRUARY 2, 2023 From Business Mirror The National Power Corp. (NPC) is seeking to recover over P1 billion in fuel cost it incurred in 2020. In a filing with the Energy Regulatory Commission (ERC), the state […]
February 1, 2023

PSALM: 14 bidders keen on CHEPP

BY LENIE LECTURA – FEBRUARY 1, 2023 from Business Mirror Fourteen prospective bidders have signified their intent to participate in the sale of the 165-megawatt Casecnan Hydroelectric Power Plant (CHEPP), the Power Sector Assets and Liabilities Management Corp. (PSALM) said […]