October 24, 2022

PSALM seeks condonation of problematic receivables

By Myrna M. Velasco – October 23, 2022, 8:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is seeking the help of the national government (NG) for possible condonation of “swelling” debts of its problematic […]
October 24, 2022

Aboitiz Power to buy another 35.4% stake in Mindanao coal plant operator

By Alena Mae S. Flores October 23, 2022, 7:05 pm from manilastandard.net Aboitiz Power Corp. expects to complete the acquisition of an additional 35.4-percent equity stake in STEAG State Power Inc., the operator of the 210-megawatt Mindanao coal-fired power plant […]
October 24, 2022

Gatchalian seeks unified electrification program

By Alena Mae S. Flores October 23, 2022, 6:35 pm from manilastandard.net Senator Sherwin Gatchalian said Sunday the government’s electrification program should be unified to expedite household energization in rural communities. “It’s deplorable that in this time and age, over […]
October 20, 2022

Araneta business group to spend P41B for hydropower plant

BY LENIE LECTURA – OCTOBER 20, 2022 from Business Mirror THE group of businessman Gregorio Ma. Araneta III will invest P41 billion to put up an 800-megawatt (MW) pumped-storage hydropower facility in Laguna. “The proposed project in general is envisioned […]