January 23, 2021

BIPCOR questions award of contract to ‘substitute’

By Manila Standard Business – January 21, 2021 at 09:10 pm Bantayan Island Power Corp. on Thursday warned about the impending award of the power supply contract on the island to an alleged “substitute.” BIPCOR, the current holder of the […]
January 22, 2021

First Gen unit to begin work on Batangas LNG terminal

By Alena Mae S. Flores – January 21, 2021 at 09:20 pm from manilastandard.net FGEN LNG Corp., a wholly-owned subsidiary of First Gen Corp., will start the construction of an interim offshore liquefied natural gas terminal at the First Gen […]
January 21, 2021

PSALM cuts debts by P40 billion, improves collection efficiency

By Lorenz S. Marasigan – January 21, 2021 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) said on Tuesday it was able to reduce its obligations last year, while cutting interest rates and improving collections. In […]
January 19, 2021

Geothermal investors seek ‘risk insurance perks’ for new projects

By Myrna M. Velasco – January 19, 2021, 7:00 AM from Manila Bulletin Geothermal investors in the country are batting for ‘insurance-type of incentives’ or ‘mitigation fund’ that seeks the “sharing of cost-risks” with the government, so investments in the […]