April 4, 2018

Tight supply leads to higher power rates in April

By Alena Mae S. Flores – April 02, 2018 at 09:40 pm from manilastandard.net Power rates are expected to increase in April on higher prices at the Wholesale Electricity Spot Market, the country’s trading floor of electricity, an official of […]
April 4, 2018

Meralco’s push for approval of coal-plant PSAs scored

By Lenie Lectura – April 3, 2018 from Business Mirror   THE Manila Electric Co. (Meralco) was criticized for pushing for the approval of power-supply agreements (PSAs) it entered into with coal-fired power plant developers by using as reason the […]
April 4, 2018

First Gen to register 92% contracted capacity in 2018

By Lenie Lectura – April 3, 2018 from Business Mirror LOPEZ-LED First Gen Corp. intends to register a 92-percent contracted capacity this year, up from the current 80 percent. In its 2017 earnings presentation filed with the Philippine Stock Exchange, […]
April 2, 2018

EDC sets P4.29-B spending for 2018

By Jordeene Sheex Lagare – April 2, 2018 from The Manila Times LOPEZ-LED Energy Development Corp. (EDC) has programmed P4.29 billion in capital expenditures (capex) for this year, with most of the funds to be used for improving the geothermal […]