July 22, 2019

SPPC wants to buy gas from Excelerate’s planned LNG facility

By Lenie Lectura – July 22, 2019 from Business Mirror SOUTH Premier Power Corp. (SPPC), a unit of SMC Global Power Holdings Corp., is interested to purchase gas from US-based Excelerate Energy’s planned LNG (liquefied natural gas) facility in Batangas. […]
July 22, 2019

TransCo to seek higher FIT-All for RE subsidy

By Myrna M. Velasco – July 21, 2019, 10:00 PM from Manila Bulletin Fund administrator National Transmission Corporation (TransCo) will file for slight upward adjustment in the feed-in-tariff allowance (FIT-All), the rate component being collected from consumers as their out-of-pocket […]
July 20, 2019

GenCos urged to offer ‘least cost’ in Meralco supply tendering

By Myrna M. Velasco – July 19, 2019, 10:00 PM from Manila Bulletin With several power supply agreements (PSAs) expiring this year, power utility giant Manila Electric Company (Meralco) is soliciting PSA tenders for aggregate capacity of 2,900 megawatts both […]
July 18, 2019

Zamcelco, Western Mindanao Power Corp. agree to extend compromise deal

By Lenie Lectura – July 18, 2019 from Business Mirror THE Zamboanga City Electric Cooperative (Zamcelco), through its investor-managers Crown Investments Holdings Inc. and Desco Inc., and Western Mindanao Power Corp. (WMPC) of the Alcantara-led Alsons Power Group, have agreed to extend […]