Power News

October 8, 2020

FGEN taps foreign firm on LNG project

By Alena Mae S. Flores – October 07, 2020 at 09:15 pm from manilastandard.net FGEN LNG Corp., a wholly-owned subsidiary of First Gen Corp., said Wednesday it selected the local unit of New Zealand infrastructure company McConnell Dowell as the […]
October 7, 2020

DOE to endorse energy efficiency projects for perks

By Myrna M. Velasco – October 7, 2020, 6:00 AM from Manila Bulletin The Department of Energy (DOE) will be endorsing energy efficiency projects being undertaken by energy service companies (ESCOs) for their availment of incentives with the Board of […]
October 7, 2020

PSALM launches bid to sell Malaya power plant in Rizal

By Lenie Lectura – October 6, 2020 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) has commenced the negotiated sale process for the 650-megawatt (MW) Malaya Thermal Power Plant (MTPP) and its underlying land in Pililla, […]
October 7, 2020

‘Meralco must extend deadline for bills payment’

By Lenie Lectura – October 6, 2020 from Business Mirror   Power lines run beside a sign for the Manila Electric Co. (Meralco) Makati branch in Manila, the Philippines, on Monday, March 23, 2009. Manila Electric Co. is the largest […]
October 7, 2020

Bataan Nuclear Power Plant is now just an empty building –Marcos

By Mario Casayuran – October 6, 2020, 9:44 PM from Manila Bulletin The expensive reactor and processor and other materials inside of what was once a majestic $2.3-billion Bataan Nuclear Power Plant (BNPP) in Morong, Bataan had been sold by […]
October 6, 2020

PSALM slates auction for Pampanga property

By Myrna M. Velasco – October 6, 2020, 7:00 AM from Manila Bulletin In a series of real estate divestments, state-run Power Sector Assets and Liabilities Management Corporation (PSALM) is scheduling sometime this month on the auction block a prime […]
October 6, 2020

Meralco: Electricity sales likely rose in September

By Lenie Lectura – October 5, 2020 from Business Mirror Electricity sales in areas where the Manila Electric Co. (Meralco) is assigned to distribute power likely improved in September compared to the previous month due to rising demand. However, Meralco […]
October 6, 2020

Arbitral tribunal postpones Malampaya tax proceedings

By Alena Mae S. Flores – October 05, 2020 at 08:15 pm from manilastandard.net The International Center for Settlement of Investment Disputes said Monday it suspended the proceedings on the arbitration case filed by Shell Philippines Exploration B.V. against the […]
October 6, 2020

DoE exploring energy efficiency initiatives in remote areas

By Adam J. Ang – October 4, 2020 | 7:06 pm from Business World THE Department of Energy (DoE) is seeking to promote energy efficiency investment in remote areas, specifically for agriculture and the so-called “last mile” of power service […]
October 5, 2020

Scrutiny of Malampaya deal pushed

By Lenie Lectura – October 5, 2020 from Business Mirror THE Senate Committee on Energy will be looking into the Malampaya transaction involving the sale of the gas field operator’s 45-percent stake possibly to existing consortium members or to new […]