February 5, 2019

Palawan cooperative probes power outages

By Alena Mae S. Flores – February 04, 2019 at 07:05 pm from manilastandard.net Palawan Electric Cooperative is addressing its power outages following the approval of its capital expenditure program. Paleco project supervisor and acting general manager Nelson Lalas said […]
February 4, 2019

Aboitiz Power to transfer barges to Visayas

By Myrna M. Velasco – February 3, 2019, 10:00 PM from Manila Bulletin Two of the mothballed power barges from the 242-megawatt Therma Mobile, Inc. (TMO) bunker-C fired power plant in Navotas will be transferred by the Aboitiz Power Corp. […]
February 4, 2019

PSALM logs P14-billion losses as of Q3

By Myrna M. Velasco – February 3, 2019, 10:00 PM from Manila Bulletin Due to swelling foreign exchange (forex) losses, state-run Power Sector Assets and Liabilities Management Corporation (PSALM) logged a very dismal financial performance as of third quarter last […]
February 4, 2019

Razon group eyes Palawan electric cooperative next

By Myrna M. Velasco – February 3, 2019, 10:00 PM from Manila Bulletin Billionaire Enrique K. Razon is eyeing Palawan Electric Cooperative (PALECO) as its next business conquest in the power distribution segment of the country’s restructured electricity sector. Razon’s […]