July 30, 2020

Duterte creates body to study inclusion of nuclear energy to PHL’s power mix

By Lenie Lectura – July 30, 2020 from Business Mirror Malacañang signed last week Executive Order (EO) 116, which paves the way for the creation of the Nuclear Energy Program Inter-Agency Committee (NEP-IAC). The Department of Energy (DOE) will lead […]
July 29, 2020

Korean firm submits bid for Malaya TPP operation

By Lenie Lectura – July 29, 2020 from Business Mirror A Korean firm submitted a bid to operate and maintain the Malaya Thermal Power Plant (TPP) for one year for P222.55 million. The Power Sector Assets and Liabilities Management Corp. […]
July 29, 2020

Meralco to apply for P20-B capex next year

By James A. Loyola – July 28, 2020, 10:00 PM from Manila Bulletin. Power utility giant Manila Electric Company (Meralco) will apply for capital expenditures (capex) of P20 billion to bankroll projects for network expansion, reinforcement of its network reliability […]
July 28, 2020

Meralco expects core profit to decline due to pandemic

By Lenie Lectura – July 28, 2020 from Business Mirror The Manila Electric Co. (Meralco) is expecting core profit for the full year to drop 10 to 12 percent from the P23.8 billion posted in 2019, following a 14-percent decline […]