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 27, 2020

Meralco to install 3.3 million smart meters

By Myrna M. Velasco – May 26, 2020, 10:00 PM from Manila Bulletin To prevent non-real time billings for consumers in the future, power utility giant Manila Electric Company (Meralco) said it will be deploying 3.3 million smart meters in […]
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 […]