December 12, 2019

Tisoy damage on EC facilities breaches P300-million mark

By Lenie Lectura -December 12, 2019 from Business Mirror Men cut down a tree that fell due to strong winds as Typhoon Tisoy slammed Legazpi, Albay, on December 3. The extent of damage to power distribution facilities of electric cooperatives […]
December 11, 2019

Occidental Mindoro bans coal use for energy

By Lenie Lectura -December 11, 2019 from Business Mirror THE provincial board of Occidental Mindoro has adopted an ordinance that effectively prohibits the use of coal as a source of energy. The ordinance, entitled “Regulating The Use of Fossil Fuels […]
December 10, 2019

Groups push ‘overdue’ review of Epira 18 years after, cite high-power costs

By Lenie Lectura -December 10, 2019 from Business Mirror Workers connect electricity cables to a transmission pole. (Bloomberg) CONSUMER advocate Power for People Coalition on Monday urged the government to review the Electric Power Industry Reform Act (Epira), citing unaffordable electricity […]
December 9, 2019

PSALM brings down liabilities to P416B as of end-October ’19

By Lenie Lectura -December 9, 2019 from Business Mirror THE  Power Sector Assets and Liabilities Management Corp. (PSALM) has trimmed down its financial liabilities by P33.2 billion this year, bringing its outstanding balance to P416 billion as of end-October this […]