October 28, 2020

DOE to stop endorsing new coal power plant projects

By Lenie Lectura – October 28, 2020 from Business Mirror File photo: Residents of Barangay Bani take to the shore near the Masinloc coal-plant jetty to collect shellfish. THE Department of Energy (DOE) will no longer endorse new coal power […]
October 28, 2020

Meralco: 9 gencos keen on joining power supply auction

By Lenie Lectura – October 27, 2020 from Business Mirror Meralco networks crew are seen replacing a 60-foot pole along Eulogio Rodriguez Jr. Avenue (C5) in Barangay Ugong, Pasig City, in this file photo. Nine power generation companies (gencos) have […]
October 28, 2020

Meralco sets P50-B capex for generation, distribution investments

By Myrna M. Velasco – October 28, 2020, 6:00 AM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) will inject P50 billion worth of capital expenditures (capex) for the expansion of its distribution network as well as power […]
October 28, 2020

PSALM issues final demand payment for P671 M to 2 errant firms — DOF

By Chino S. Leyco – October 28, 2020, 6:00 AM from Manila Bulletin The Power Sector Assets and Liabilities Management Corp. (PSALM) has sent out final letters of demand for payment to two companies with long overdue obligations with the government, […]