Power News
July 30, 2021
Published by admin at July 30, 2021
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BY LENIE LECTURA – JULY 29, 2021 from Business Mirror The Manila Electric Co.’s renewable energy subsidiary, Spectrum, has energized a one-megawatt (MW) solar farm within Maynilad’s La Mesa Pumping station. The solar farm is composed of 2,592 pieces of […]
July 30, 2021
Published by admin at July 30, 2021
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By Myrna M. Velasco – July 29, 2021, 2:50 PM from Manila Bulletin With less than a year remaining for the Duterte administration, the Department of Energy (DOE) has named new Undersecretary Astravel “Astra” P. Naik, but whose function has […]
July 30, 2021
Published by admin at July 30, 2021
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By Myrna M. Velasco – July 29, 2021, 2:03 PM from Manila Bulletin In the cutthroat contest of the retail competition and open access (RCOA) regime of the restructured electricity sector, First Gen Corporation scored another win by cornering Manila […]
July 29, 2021
Published by admin at July 29, 2021
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By Myrna M. Velasco – July 28, 2021, 5:55 PM from Manila Bulletin The average tariff billed to customers by power utility giant Manila Electric Company (Meralco) had been down by 3.0-percent in the first half of the year, and […]
July 29, 2021
Published by admin at July 29, 2021
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BY LENIE LECTURA – JULY 28, 2021 from Business Mirror The Manila Electric Co. (Meralco), the country’s largest electricity distribution utility, is anticipating an increase in power generation charge after the Malampaya gas facility shuts down in October. The company, […]
July 29, 2021
Published by admin at July 29, 2021
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BY BIANCA CUARESMA – JULY 28, 2021 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) has issued final warnings to two electric cooperatives (ECs) and a private corporation to compel them to pay over P15.01 billion […]
July 28, 2021
Published by admin at July 28, 2021
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BY LENIE LECTURA – JULY 27, 2021 from Business Mirror Pangilinan-led PXP Energy Corp. is prepared to resume oil exploration activities in disputed waters in the West Philippine Sea (WPS) even without a partner. PXP holds a 78.98-percent operating interest […]
July 28, 2021
Published by admin at July 28, 2021
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By Myrna M. Velasco – July 27, 2021, 3:22 PM from Manila Bulletin The goal of the Duterte administration to complete electrification of all sitios within the service domain of the electric cooperatives (ECs) would fall short of target because […]
July 27, 2021
Published by admin at July 27, 2021
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By Jordeene B. Lagare – July 26, 2021 from The Manila Times The Manila Electric Co. (Meralco) made another major stride in its P1.1-billion electrification program. The power distributor reported it was able to energize 536 priority sites in June from only […]
July 27, 2021
Published by admin at July 27, 2021
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BY LENIE LECTURA – JULY 26, 2021 from Business Mirror IMPROVING demand for power has allowed Manila Electric Co. (Meralco) to post a net income of P9.9 billion and a core profit of P11.4 billion in the first half. In […]