May 14, 2018

Electric coops worried over entry of private firms in rural areas

By REY G. PANALIGAN – 12 May 2018 from Manila Bulletin More than 100 electric cooperatives (ECs) which are non-stock and non-profit organizations have expressed apprehensions over the government’s plan to allow private corporations to enter the rural electrification business […]
May 11, 2018

8 companies interested to bid for Malaya thermal-power plant

By Lenie Lectura – May 9, 2018 from Business Mirror EIGHT companies have expressed interest to operate and maintain the 650-megawatt Malaya Thermal Power Plant (MTPP). The Power Sector Assets and Liabilities Management Corp, (PSALM) said three of the eight […]
May 10, 2018

First Gen’s planned $1-billion LNG plant to be completed in 4 years

By Lenie Lectura – May 9, 2018 from Business Mirror LOPEZ-LED First Gen Corp.’s planned $1-billion LNG (liquefied natural gas) facility is in its “most advanced state of development” compared to the LNG plans of other firms. “Why do I say […]
May 9, 2018

EDC Q1 earnings dropped 54% to P1.5B

By Lenie Lectura – May 8, 2018 from Business Mirror THE Energy Development Corp. (EDC) vowed to increase the efficiency and reliability of its assets after the company reported a 54-percent drop in first-quarter earnings on Tuesday. Net income for the […]