August 19, 2020

NEA behind pace on 2020 electrification target

By Adam J. Ang – August 18, 2020 | 6:37 pm from Business World PEXELS-DANIEL RECHE THE National Electrification Administration (NEA) said it may not hit its target to bring power to about 460,000 targeted households this year after the […]
August 15, 2020

First Gen income slides to P8.9B in first 6 months

By Jordeene B. Lagare – August 15, 2020 from The Manila Times FIRST Gen Corp. reported a consolidated net income of $183 million (P8.92 billion) in the first semester of 2020, a 21.6-percent decline from the $233.4 million (P11.38 billion) […]
August 14, 2020

NEA extends P343.445-million loans to ECs from January to July

By Lenie Lectura – August 13, 2020 from Business Mirror THE National Electrification Administration (NEA) has extended P343.445 million worth of loans to all electric cooperatives (ECs) from January to July this year. The state firm said that of the […]
August 14, 2020

Mindanao spot market launch faces delays

By  Adam J. Ang – August 12, 2020 | 7:26 pm from Business World   THE low rates of registration by the Mindanao energy industry may further delay the launch of the electricity spot market in the region, according to the […]