August 7, 2024

DOE wants shorter than three-months SIS process for power projects

BY MYRNA M. VELASCO – Aug 6, 2024 07:02 AM from Manila Bulletin AT A GLANCE According to system operator National Grid Corporation of the Philippines (NGCP), the SIS serves as a “critical assessment that determines the capacity of the […]
August 6, 2024

Meralco evaluating impact of TRO on bidding, rates

By Lenie Lectura – August 6, 2024 from Business Mirror The  Manila Electric Co. (Meralco) said Monday it will seek legal remedies after a local court issued a 20-day temporary restraining order (TRO) against its competitive selection process (CSP) for its supply […]
August 6, 2024

Meralco unit plans to join Singapore power plant’s bidding

By Alena Mae S. Flores – August 5, 2024, 7:25 pm from manilastandard.net PacificLight Power Pte Ltd. PacificLight Power Pte Ltd. (PLP), a subsidiary of the Meralco PowerGen Corp. (MGen), plans to participate in the request for proposals of Singapore’s […]
August 6, 2024

Power prices at spot market declined in July

By Alena Mae S. Flores – August 4, 2024, 8:25 pm from manilastandard.net THE Independent Electricity Market Operator of the Philippines (IEMOP) announced slightly lower systemwide power rates at the spot market in July amid lower demand. Preliminary data from […]