May 27, 2020

MGen to build diversified power portfolio in 5 years

By Lenie Lectura – May 26, 2020 from Business Mirror THE power generating arm of the Manila Electric Co. (Meralco), Meralco PowerGen Corp. (MGen), is planning to build a portfolio of 3,000 megawatts (MW) in five years. “We are targeting […]
May 27, 2020

Singapore firm eyeing FGen shares via tender offer

By Myrna M. Velasco – May 26, 2020, 10:00 PM from Manila Bulletin Singapore-incorporated firm Valorous Asia Holdings Pte. Ltd. has expressed its interest to acquire 6.0 to 9.0-percent of the common shares of listed firm First Gen Corporation via […]
May 26, 2020

Murang Kuryente subsidy to take effect next year

By Adam J. Ang – May 22, 2020 | 6:37 pm from Business World   THE Power Sector Assets & Liabilities Management Corp.(PSALM) said the government’s subsidy for some universal charges will take effect next year, removing some of the […]
May 26, 2020

121 electric co-ops comply with order to help consumers

By Alena Mae S. Flores – May 25, 2020 at 07:40 pm from manilastandard.net The Philippine Rural Electric Cooperatives Association Inc. said Monday the 121 electric cooperatives in the country complied with all the directives of regulators to protect the […]