October 10, 2018

Peco in danger of losing legislative franchise

By Lenie Lectura – October 10, 2018 from Business Mirror THE failure of Panay Electric Co. (Peco) to rationalize its billing system could lead to the nonrenewal of its legislative franchise that expires in January 2019. Rep. Franz Josef E. […]
October 9, 2018

Meralco lowers electric rates

By Lenie Lectura – October 9, 2018 from Business Mirror POWER rates paid by customers of the Manila Electric Co. (Meralco) went down by P0.0966 per kilowatt-hour in October to P9.9766 per kWh mainly on account of lower generation charge. […]
October 9, 2018

PSALM sets December 14 as bidding date for Malaya Thermal Power Plant

By Lenie Lectura – October 8, 2018 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) has set on December 14 the bidding for the privatization of the 650-megawatt Malaya Thermal Power Plant (MTPP). In a bid invite […]
October 8, 2018

Firms under dispute with PSALM can’t bid for Malaya plant

By Myrna M. Velasco – October 7, 2018, 10:00 PM from Manila Bulletin The terms of reference (TOR) being cast for the sale of the 650-megawatt Malaya thermal power facility will prescribe that companies under dispute with asset-seller Power Sector […]