July 4, 2019

19 electric co-ops borrowed P395 million from NEA to stay afloat

By Lenie Lectura – July 4, 2019 from Business Mirror NINETEEN electric cooperatives (ECs) availed of loan assistance worth P395 million from the National Electrification Administration (NEA) as of end-June this year, the state firm said on Wednesday. Among those […]
July 3, 2019

PSALM slates sale of idle power plants

By Danessa Rivera – July 3, 2019 – 12:00am from The Philippine Star MANILA, Philippines — State-run Power Sector Assets and Liabilities Management Corp. (PSALM) has set the sale of two idle power plant properties to help reduce its liabilities. […]
July 3, 2019

DOE mulls extension of FIT allocation for hydro

By Danessa Rivera – July 3, 2019 – 12:00am from The Philippine Star MANILA, Philippines — The Department of Energy (DOE) is looking to extend anew the deadline for the feed-in-tariff (FIT) allocation for run-of-river hydro due to slow take […]
July 3, 2019

Siemens to submit EPC bid for First Gen’s 2 new power projects

By Myrna M. Velasco – July 2, 2019, 10:00 PM from Manila Bulletin Industrial giant Siemens A.G. of Germany indicated that it will submit a tender for the engineering, procurement and construction (EPC) contract that project developer First Gen Corporation […]