Power News

November 20, 2020

SN Aboitiz Power operates Magat Hydroelectric Power Plant, not Magat Dam

By MB Business – November 19, 2020, 2:02 PM Renewable energy company SN Aboitiz Power (SNAP) clarified that it operates the Magat Hydroelectric Power Plant on the border of Isabela and Ifugao, but not Magat Dam, which is owned by […]
November 19, 2020

PSALM: 3 firms keen on real estate assets

By Lenie Lectura – November 18, 2020 from Business Mirror Three power firms have signified interest to join the second round of public auction for the sale of 3 real estate assets of the Power Sector Assets and Liabilities Management […]
November 19, 2020

SMC: Solar facility to help power international airport

By Lenie Lectura – November 18, 2020 from Business Mirror The power arm of conglomerate San Miguel Corp. (SMC) will put up a 200-megawatt (MW) solar farm on the future site of its P740-billion New Manila International Airport (NMIA) project […]
November 18, 2020

Meralco to extend ‘payment leeway’ to typhoon victims

By Myrna M. Velasco – 17, 2020, 3:19 PM from Manila Bulletin For its customers adversely affected by recent typhoons, power utility giant Manila Electric Company (Meralco) indicated that the utility firm shall be extending “payment leeway” on the bills […]
November 18, 2020

ACR net income in January-September gets boost from power plants

By Lenie Lectura – November 17, 2020 from Business Mirror Alsons Consolidated Resources Inc. (ACR), the publicly listed company of the Alcantara Group, posted a net income of P1.67 billion from January to September this year, up from last year’s […]
November 18, 2020

PSALM seeks buyers for land assets

By Lenie Lectura – November 17, 2020 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) will hold a pre-bid conference on November 17 to showcase its small-value real estate assets located in Bohol, General Santos City […]
November 18, 2020

Magat Dam is NIA’s responsibility–SNAP

By Lenie Lectura – November 17, 2020 from Business Mirror SN Aboitiz Power-Magat Inc. (SNAP-Magat) on Tuesday said it is not involved in the operation of the Magat dam and spillway. SNAP Group is a joint venture between SN Power […]
November 18, 2020

EDC pursues 9 years of reporting on sustainability

By Alena Mae S. Flores – November 17, 2020 at 08:35 pm from manilastandard.net Energy Development Corp. said Tuesday its sustainability reporting signals the company’s response to the need for businesses and individuals to go beyond sustainability that simply seeks […]
November 17, 2020

PSALM seeks buyers for land assets

By Lenie Lectura – November 17, 2020 from Business World The Power Sector Assets and Liabilities Management Corp. (PSALM) will hold a pre-bid conference on November 17 to showcase its small-value real estate assets located in Bohol, General Santos City […]
November 17, 2020

Top power firms vie Meralco supply contracts

By Myrna M. Velasco – November 16, 2020, 6:00 AM from Manila Bulletin The country’s biggest power generation companies are eyeing to join the competitive selection process (CSP) of Manila Electric Company (Meralco) so they can corner contracts on the […]