Power News

February 27, 2025

Aboitiz Power prepares P100-B fundraising

By Lisbet K. Esmael – 02:26 AM February 27, 2025 from inquirer.net / Philippine Daily Inquirer MANILA, Philippines — Industry giant Aboitiz Power Corp. is returning to the domestic retail bond market to raise P100 billion, with the first tranche […]
February 27, 2025

NGCP: Tribunal ruling ends claims of illegal ownership

By Alena Mae S. Flores – February 26, 2025, 8:20 pm from manilastandard.net National Grid Corp. of the Philippines (NGCP) said Wednesday the ruling by the Arbitral Tribunal of the Singapore International Arbitration Centre (SIAC) should end allegations that the […]
February 26, 2025

Meralco secures baseload supply for summer

By Ed Paolo Salting – February 26, 2025 from The Manila Times MANILA Electric Co. (Meralco) has secured a 200-megawatt baseload requirement via an emergency power supply agreement ahead of an expected spike in electricity demand starting April. Meralco said […]
February 26, 2025

Meralco to seek ERC nod for SMC power deal

By Sheldeen Joy Talavera – February 26, 2025 | 12:06 am from Business World PHILIPPINE STAR/MICHAEL VARCAS MANILA ELECTRIC Co. (Meralco) said it will seek approval from the Energy Regulatory Commission (ERC) for a 200-megawatt (MW) emergency power supply agreement […]
February 26, 2025

Power projects delayed: ERC postpones NGCP infrastructure plans

By Gabriell Christel Galang – Feb 25, 2025 12:49 PM from Manila Bulletin The Energy Regulatory Commission (ERC) announced that it has deferred six capital expenditure (capex) projects of the National Grid Corporation of the Philippines (NGCP). In a decision […]
February 25, 2025

NGCP wins arbitration vs. gov’t agencies

By Alena Mae S. Flores – February 24, 2025, 8:10 pm from manilastandard.net The Arbitral Tribunal of the Singapore International Arbitration Centre (SIAC) ruled in favor of National Grid Corp. of the Philippines (NGCP) in the case it filed against […]
February 25, 2025

Meralco posts ‘remarkable’ 2024 financial results–exec

By Lenie Lectura – February 24, 2025 from Business Mirror The Manila Electric Co. (Meralco) saw its 2024 earnings rise due to higher electricity sales and significant contributions from its generation business. Consolidated core net income (CCNI) increased to P45.1 […]
February 24, 2025

DOE approves 11 energy projects for grid impact study, mostly renewable

By Gabriell Christel Galang – Feb 24, 2025 05:56 AM from Manila Bulletin The Department of Energy (DOE) has granted system impact studies (SIS) to 11 energy projects spread nationwide. These projects, mostly consisting of renewable energy (RE), are set […]
February 24, 2025

ERC OKs 42 percent hike in FIT-All rates

By Brix Lelis – February 24, 2025 | 12:00am from The Philippine Star In a recent commission meeting, the ERC set a new rate of P0.1189 per kilowatt-hour, reflecting a 42-percent increase from the current P0.0838 per kWh FIT-All collection. […]
February 24, 2025

San Miguel power arm set to go on expansion binge

By Lenie Lectura – February 24, 2025 from Business Mirror SAN Miguel Global Power Holdings Corp. (SMGP) is embarking on an expansion binge with at least P87 billion already set aside for thermal and gas projects. Mariveles Power Partners Co. […]