Power News

January 23, 2021

No-disconnection policy extension urged for poor power consumers

By Angelica Y. Yang – January 21, 2021 | 7:26 pm from Business World A SENIOR senator on Thursday called on the Energy Regulatory Commission (ERC) and distribution utilities like the Manila Electric Co. (Meralco) to extend the “no-disconnection” policy […]
January 23, 2021

Aboitiz Power unit renews power deal with N. Ecija co-op

By Alena Mae S. Flores – January 22, 2021 at 08:35 pm from manilastandard.net Aboitiz Power Corp. said Friday subsidiary AP Renewables Inc. renewed its partnership with Nueva Ecija II Electric Cooperative Area 1 for another five years beginning December […]
January 23, 2021

BIPCOR questions award of contract to ‘substitute’

By Manila Standard Business – January 21, 2021 at 09:10 pm Bantayan Island Power Corp. on Thursday warned about the impending award of the power supply contract on the island to an alleged “substitute.” BIPCOR, the current holder of the […]
January 22, 2021

First Gen unit to begin work on Batangas LNG terminal

By Alena Mae S. Flores – January 21, 2021 at 09:20 pm from manilastandard.net FGEN LNG Corp., a wholly-owned subsidiary of First Gen Corp., will start the construction of an interim offshore liquefied natural gas terminal at the First Gen […]
January 22, 2021

Meralco power auction draws several bidders

By Alena Mae S. Flores – January 21, 2021 at 09:05 pm from manilastandard.net Power retailer Manila Electric Co. said Thursday several generation groups expressed interest to participate in the competitive selection process next week for the supply of 1,800 […]
January 22, 2021

ERC to audit ‘reinvestment fund’ of electric cooperatives

By Myrna M. Velasco – January 21, 2021, 12:29 PM From Manila Bulletin The Energy Regulatory Commission (ERC) will be auditing the collection and utilization of the ‘reinvestment fund for sustainable capital expenditures’ (RFSC) of the electric cooperatives (ECs), to […]
January 21, 2021

ERC taps consultant for RFSC audit

By Lorenz S. Marasigan – January 21, 2021 from Business Mirror The Energy Regulatory Commission (ERC) said on Wednesday it is auditing the Electric Cooperatives’ (ECs) collection and utilization of the Reinvestment Fund for Sustainable Capital Expenditures (RFSC). Agnes Devanadera, […]
January 21, 2021

PSALM cuts debts by P40 billion, improves collection efficiency

By Lorenz S. Marasigan – January 21, 2021 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) said on Tuesday it was able to reduce its obligations last year, while cutting interest rates and improving collections. In […]
January 20, 2021

NGCP transmission tower hit, causes Mindanao power outages

By Myrna M. Velasco – January 19, 2021, 3:47 PM From Manila Bulletin Sporadic power interruptions were experienced in Mindanao on Monday (January 18), following reported sabotage on a transmission facility of the National Grid Corporation of the Philippines (NGCP) […]
January 20, 2021

Meralco sees no impact from lifeline rate extension

By Angelica Y. Yang – January 19, 2021 | 7:52 pm from Business World PHILSTAR MANILA ELECTRIC CO. (Meralco) said Tuesday that the pending extension of the lifeline power rate subsidy will have no effect on the distribution utility, as […]