August 22, 2017

NEA plans big loans to electric cooperatives

By Myrna M. Velasco – August 19, 2017, 10:01 PM from Manila Bulletin State-run agency National Electrification Administration (NEA) will be funneling bulk of its P4.9-billion budget for 2018 to loans and energization projects of electric cooperatives (ECs). It said the […]
August 22, 2017

DOE to bring down RCOA threshold to 500 kilowatts

By Myrna M. Velasco –  August 21, 2017, 10:00 PM from Manila Bulletin Breaking power utilities’ service dominance is all up in the agenda of the Department of Energy (DOE) as it is now seriously considering to bring down power retail […]
August 19, 2017

Cesi inks first retail contract with CCCC

By Lenie Lectura – August 17, 2017 from Business Mirror Citicore Energy Solutions Inc. (Cesi), the retail electricity supply arm of Citicore Power Inc. (CPI), will supply 2.61 megawatts (MW) to Citystate Centre Condominium Corp. (CCCC), its first retail power […]
August 18, 2017

PetroEnergy income up 180% to $6.55 million

By Lenie Lectura – August 17, 2017 from Business Mirror PetroEnergy Resources Corp. (PERC) reported a 180-percent jump in net income at end-June this year to $6.55 million, from $2.34 million in the same period last year, mainly brought about […]