Power News

September 17, 2020

PSALM selling Pampanga property to pare down

By Lenie Lectura – September 16, 2020 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) is selling its property in Pampanga for P803 million to raise funds so it could repay its debts. In a bid […]
September 17, 2020

SC rules: MORE Power’s franchise is constitutional

By Rey E. Requejo – September 16, 2020 at 09:25 pm from manilastandard.net The Supreme Court said Wednesday it affirmed the constitutionality of the legislative franchise granted to MORE Electric and Power Corp. as a distribution utility in Iloilo City. […]
September 16, 2020

MVP, Dennis Uy firms bid for WPS petroleum blocks

By Catherine Talavera – September 16, 2020 – 12:00am from The Philippine Star MANILA, Philippines — Energy companies led by business titans Manuel V. Pangilinan and Davao’s Dennis Uy are among those that expressed interest to participate in the latest […]
September 16, 2020

Rising missionary charges called ‘misguided’ after Congress queries DoE

By Adam J. Ang – September 13, 2020 | 7:38 pm from Business World   A BILL component that provides electrification to far-flung, unenergized parts of the country should be reduced, a consumer group said, after Congress questioned the Department […]
September 15, 2020

Meralco appeals penalty imposed by ERC for high electricity billing

By Alena Mae S. Flores – September 14, 2020 at 08:20 pm from manilastandard.net Electricity retailer Manila Electric Co. said Monday it appealed the P19-million fine imposed by the Energy Regulatory Commission for allegedly violating the advisories issued by the […]
September 15, 2020

COA rejects ERC request to audit Meralco

By Lenie Lectura – September 14, 2020 from Business Mirror THE Commission on Audit (COA) has informed the Energy Regulatory Commission (ERC) that it will not audit the Manila Electric Co. (Meralco). “We wrote them but their response was in […]
September 14, 2020

Bantayan Island gets emergency power supply

By Lenie Lectura – September 14, 2020 from Business Mirror Isla Norte Energy Corp. (INEC), a joint venture of Vivant Energy and Gigawatt Power Corp., has provided Bantayan Island a three-megawatt (MW) power facility to temporarily address the power outage […]
September 14, 2020

DoE seeks investor-challengers for two PNOC-EC coal contracts

By Myrna M. Velasco – September 14, 2020, 6:00 AM from Manila Bulletin The Department of Energy (DOE) is seeking for investors that will challenge the two coal operating contract (COC) applications of state-run Philippine National Oil Company-Exploration Corporation (PNOC-EC) […]
September 14, 2020

Subsidies to off-grid power swell to P28 B

By Myrna M. Velasco – September 14, 2020, 5:00 AM from Manila Bulletin The subsidy being paid for by Filipino consumers in their power bills for the provision of electricity services in off-grid areas is projected swelling to P28.373 billion […]
September 12, 2020

DOE courting Chinese investors in energy projects

By Myrna M. Velasco – September 11, 2020, 10:00 PM from Manila Bulletin The Department of Energy (DOE) is knocking anew on the doors of Chinese investors for prospective capital that they can funnel into various energy projects that the […]