July 6, 2018

ERC gives gencos, DUs 6 more months to sell 15% of shares

By Lenie Lectura – July 5, 2018 from Business Mirror THE Energy Regulatory Commission (ERC) has extended the compliance period within which power- generation companies (gencos) and distribution utilities (DUs) should sell a portion of their shares. In a resolution, the […]
July 6, 2018

2 firms keen on buying Malampaya gas

By Lenie Lectura – July 4, 2018 from Business Mirror AT least two firms have formally expressed interest to participate in the public bidding of unused Malampaya natural gas, more known as banked gas. Philippine National Oil Co. (PNOC) Executive […]
July 4, 2018

Gov’t to sell Napocor complex in Quezon City

By Myrna M. Velasco – July 3, 2018, 11:00 PM from Manila Bulletin The Philippine government, through the Department of Finance (DOF), has started strategizing on a divestment plan for the real estate complex housing state-run National Power Corporation (Napocor) […]
July 4, 2018

Tight supply, weak peso to raise power rates in July

By Alena Mae S. Flores – July 03, 2018 at 07:40 pm from manilastandard.net Power rates in the franchise area of Manila Electric Co. may go up in July because of the tight power supply that led to power outages […]