December 6, 2017

PetroEnergy RE arm reaches power-generation milestone

By Lenie Lectura – December 4, 2017 from Business Mirror PETROGREEN Energy Corp. (PGEC), the renewable-energy (RE) arm of publicly listed PetroEnergy Resources Corp. (Perc), has already generated 1-billion kilowatt-hour (kWh) of electricity over the weekend. Perc announced on Monday that PGEC […]
December 6, 2017

Aboitiz mulls over unit’s future after biomass-plant shutdown

By Lenie Lectura – December 4, 2017 from Business Mirror ABOITIZ Power Corp. said on Monday that it would explore options amid the shutdown of its wholly owned subsidiary Aseagas Corp.’s biomass power plant. “This continued shutdown will allow us to look […]
December 6, 2017

Transco asks government to fund interconnection project

By Lenie Lectura – December 4, 2017 from Business Mirror   THE National Transmission Corp. (Transco) wants the government to finance the multibillion-peso Visayas-Mindanao interconnection project (VIMP) so as to avoid any pass-on cost to consumers. “What we mentioned in our manifestation […]
December 4, 2017

NGCP seeks ERC’s nod on higher capex

By Lenie Lectura – December 3, 2017 from Business Mirror THE National Grid Corp. of the Philippines (NGCP) seeks approval of the implementation of additional capital expenditures (capex) in the amount of P62.32 billion to be spent until 2020 for various transmission […]