Power News

February 6, 2021

PSALM reduces bid price of Malaya plant

By Alena Mae S. Flores – February 04, 2021 at 09:10 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. lowered the minimum offering price of the 650-megawatt Malaya Thermal Power Plant (MTPP) to P1.845 billion in the […]
February 5, 2021

Madrona to ERC: Move on Tablas power woes

By BusinessMirror – February 5, 2021 REP. Budoy Madrona, Lone Representative, Province of Romblon, has called on the Energy Regulatory Commission (ERC) to resolve a pending case before it in response to the notice sent by the Suweco Tablas Energy […]
February 5, 2021

Prolonged ‘no disconnection policy’ alarms electric coops

By Myrna M. Velasco – February 4, 2021, 3:10 PM from Manila Bulletin The country’s electric cooperatives (ECs) have raised alarm of highly probable ‘cash flow disruption’ from overly extended ‘no disconnection policy’, as being pushed by some government leaders […]
February 5, 2021

AC Energy eyes P16-b follow-on offering as part of restructuring

By Alena Mae S. Flores – February 04, 2021 at 09:50 pm from manilastandard.net AC Energy Corp., the energy unit of Ayala Corp., said Thursday it will conduct a follow-on offering that will raise P12 billion to P16.4 billion. ACEN […]
February 4, 2021

Power supply assured during vaccine rollout

By Myrna M. Velasco – February 4, 2021, 7:00 AM from Manila Bulletin The Department of Energy (DOE) is giving its word that brownouts will not hamstring the anticipated COVID-19 vaccine rollouts in the coming months, so the country can […]
February 4, 2021

Disgruntled customer comes out ‘delighted’

By TDT – February 4, 2021 02:30 AM from tribune.net.ph (Daily Tribune) A disgruntled customer who recently went to a business office of a utility firm to settle his overdue bills unexpectedly came out pleased instead. “I know I was […]
February 4, 2021

No-disconnection plan to hurt economy — solon

By Alena Mae S. Flores – February 03, 2021 at 07:30 pm from manilastandard.net The Association of Philippine Electric Cooperatives said Wednesday suspending the no-disconnection policy indefinitely may do more harm than good. “Eventually, it (no disconnection policy) will redound […]
February 3, 2021

ACE Exenor firms up for Palawan drilling

By Maria Romero – February 3, 2021 02:30 AM from tribune.net.ph ACE Enexor Inc., the exploration arm of Ayala-led AC Energy, is eyeing to seal the deal with potential partners to drill exploratory wells at an offshore area in Palawan […]
February 3, 2021

DoE urges sector input for economic rebound

By Maria Romero – February 2, 2021 03:00 AM from tribune.net.ph Energy chief Alfonso G. Cusi wants the power sector to post larger contribution to regain economic momentum. Cusi on Monday asked his subordinates to “perform their best and serve […]
February 2, 2021

Compliance committee formed to keep tighter watch on WESM

By Myrna M. Velasco – February 2, 2021, 6:00 AM from Manila Bulletin As summer months approach, the governing body of the Wholesale Electricity Spot Market (WESM) has formed a Compliance Committee to keep a tighter watch on strict compliance […]