January 19, 2021

PSALM secures P202-M prepayment from Sorsogon electric cooperative

By Myrna M. Velasco – January 19, 2021, 8:00 AM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has cornered prepayment of P202.106 million from Sorsogon I Electric Cooperative (SORECO I), as part of the restructuring […]
January 19, 2021

Gov’t loses P1.2b on Malaya plant

By Alena Mae S. Flores – January 17, 2021 at 07:30 pm from manilastandard.net The government is losing around P1.2 billion annually from maintaining the 650-megawatt Malaya Thermal Power Plant in Pililla, Rizal, according to a report of the Department […]
January 18, 2021

First Gen allots P6b to develop 120-MW hydro power project

By Alena Mae S. Flores – January 17, 2021 at 07:50 pm from manilastandard.net First Gen Hydro Power Corp. of the Lopez Group is investing P6 billion to develop the 120-megawatt Aya pumped-storage project in Pantabangan, Nueva Ecija. FGHPC, the […]
January 15, 2021

First Balfour bags EPC deal for EDC plant in Albay

By Jordeene B. Lagare – January 15, 2021 from The Manila Times First Balfour Inc. has won the engineering, procurement and construction (EPC) contract for Lopez-led Energy Development Corp.’s (EDC) 23-megawatt Palayan Binary geothermal power plant project in Manito town, […]