September 21, 2022

Meralco to pursue CSP for baseload supply

BY LENIE LECTURA – SEPTEMBER 21, 2022 from Business Mirror   The Manila Electric Co. (Meralco) will pursue the competitive auction for 780megawatts (MW) of baseload supply that it needs starting February 2023. On Tuesday afternoon, Meralco presented to the […]
September 21, 2022

Show-cause orders prompt NGCP to defer AS auction

BY LENIE LECTURA – SEPTEMBER 21, 2022 from Business Mirror   The National Grid Corporation of the Philippines (NGCP) has put off the competitive auction for ancillary services (AS) after the Energy Regulatory Commission (ERC) issued show-cause orders (SCOs) to […]
September 21, 2022

ACEN seals AU$140-M loan for Australia projects

By Myrna M. Velasco – September 20, 2022, 3:10 PM from Manila Bulletin The Australian subsidiary of Ayala-led ACEN Corporation has executed a loan agreement for 140 million Australian dollars (AU$) credit facility with MUFG Bank-Sydney Branch, to partly bankroll […]
September 20, 2022

DOE: Liquefied natural gas projects encounter delays

BY LENIE LECTURA – SEPTEMBER 20, 2022 from Business Mirror   The anticipated commercial operation of liquefied natural gas (LNG) projects this year is unlikely to happen, but the Department of Energy (DOE) has made an assurance that these capital-intensive […]