Power News

March 18, 2021

ERC seeks industry inputs on rate-setting revision for power utilities

By Myrna M. Velasco – March 17, 2021, 3:50 PM from Manila Bulletin The Energy Regulatory Commission (ERC) is soliciting inputs from industry stakeholders on the targeted modification of the tariff-setting scheme that will be enforced to power distribution utilities […]
March 17, 2021

ERC: Results of NGCP audit out in a few months

By LENIE LECTURA – MARCH 17, 2021 from Business Mirror The results of the first part of an ongoing audit on National Grid Corporation of the Philippines (NGCP) would be out in a few months, the Energy Regulatory Commission (ERC) […]
March 17, 2021

Meralco PowerGen sets ‘rebranding’ on Bulacan solar project

By Myrna M. Velasco – March 17, 2021, 8:00 AM from Manila Bulletin Meralco PowerGen Corporation (MGen), the power generation investment arm of Manila Electric Company (Meralco) will be pursuing a rebranding of its 50-megawatt PowerSource First Bulacan Solar Inc. […]
March 17, 2021

Aboitiz Power gets PDEx okay for listing of P8-billion bonds

By Myrna M. Velasco – March 17, 2021, 5:00 AM from Manila Bulletin Aboitiz Power Corporation has secured the approval of the Philippine Dealing and Exchange Corporation (PDEx) for the listing of its P8.0 billion Series ‘A’ bond issuance, which […]
March 16, 2021

AC Energy secures funding for India solar farm

By LENIE LECTURA – MARCH 16, 2021 from Business Mirror UPC-AC Energy Solar, the joint venture between AC Energy and Infrastructure Corp. (AC Energy) and UPC Solar Asia Pacific Ltd., have finalized funding for its 100megawatt (MW) solar farm in […]
March 16, 2021

NGCP unveils central monitoring system

By LENIE LECTURA – MARCH 16, 2021 from Business Mirror The National Grid Corporation of the Philippines (NGCP) could now remotely operate unmanned substations, improving the operational performance of its transmission facilities. The grid operator recently launched its Central Control […]
March 16, 2021

SMPC allots P4-B capex this year for coal mining, power generation ventures

By Myrna M. Velasco – March 15, 2021, 12:47 PM from Manila Bulletin Consunji-led Semirara Mining and Power Corporation (SMPC) will funnel P4.0 billion capital expenditures (capex) for its businesses this year, primarily for the purchase of mining and support […]
March 15, 2021

Electric coops top 14-M customer-connections

By Myrna M. Velasco – March 15, 2021, 7:00 AM from Manila Bulletin Despite funding shortfall precipitated by the pandemic, the National Electrification Administration (NEA) reported that the country’s electric cooperatives (ECs) still surpassed its targeted 14 million customer-connections as […]
March 15, 2021

NGCP seeks ERC approval for P24.5-B transmission projects

By Myrna M. Velasco – March 15, 2021, 7:00 AM from Manila Bulletin Transmission firm National Grid Corporation of the Philippines (NGCP) is seeking regulatory approval for P24.481 billion major transmission and substation projects that it will need to immediately […]
March 15, 2021

Policy tweaks to hasten RE adoption in PHL–Meralco

By LENIE LECTURA – MARCH 15, 2021 from Business Mirror The Manila Electric Co. (Meralco) underscored the regulators’ role in breaking the barriers that would lead to a successful shift to renewable energy adoption. During the recent Asia Pacific Energy […]