Power News
May 14, 2020
Published by admin at May 14, 2020
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By Alena Mae S. Flores – May 13, 2020 at 09:50 pm from manilastandard.net SMC Global Power Corp., the power arm of diversified San Miguel Corp., said posted a 10-percent decline in consolidated net income in the first quarter to […]
May 13, 2020
Published by admin at May 13, 2020
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By Lenie Lectura – May 13, 2020 from Business Mirror The Energy Regulatory Commission (ERC) has issued a resolution increasing the capacity limits of power generation companies (gencos) for this year. The commission set the Installed Generating Capacity (IGC) limit […]
May 13, 2020
Published by admin at May 13, 2020
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By Myrna M. Velasco – May 12, 2020, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) was able to trim power sector debts by ₱27 billion last year to ₱422.01 billion as of end-December […]
May 12, 2020
Published by admin at May 12, 2020
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By Myrna M. Velasco – May 11, 2020, 10:00 PM from Manila Bulletin With the combined effect of reduced coal sales and cheaper energy prices, the net income after tax (NIAT) of Consunji-led Semirara Mining and Power Corporation (SMPC) had […]
May 12, 2020
Published by admin at May 12, 2020
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By Jordeene B. Lagare – May 12, 2020 from The Manila Times THE State Grid Corp. of China (SGCC), the technical partner of the National Grid Corp. of the Philippines (NGCP), donated 500,000 surgical masks to the Philippine Red Cross […]
May 11, 2020
Published by admin at May 11, 2020
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By Lenie Lectura – May 11, 2020 from Business Mirror Meralco linemen wearing makeshift face masks get ready to do repair work in Manila. The National Capital Region has been experiencing some power interruptions in the midst of total lockdowns. […]
May 11, 2020
Published by admin at May 11, 2020
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By Jordeene B. Lagare – May 11, 2020 from The Manila Times THE Power Sector Assets and Liabilities Management Corp. (Psalm) is extending anew the grace period to settle dues with the state-run corporation for the duration of the extended […]
May 11, 2020
Published by admin at May 11, 2020
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By Jordeene B. Lagare – May 11, 2020 from The Manila Times THE One EC Network Foundation, Inc. (OECNF) has pledged P12.1 million to all 121 electric cooperatives (ECs) nationwide for a subsidy program designed for customers in rural areas. […]
May 11, 2020
Published by admin at May 11, 2020
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By Alena Mae S. Flores – May 10, 2020 at 07:50 pm from manilastandard.net Senator Sherwin Gatchalian asked for an inquiry on the effects of the coronavirus disease pandemic on the upstream, midstream and downstream oil and gas sectors. Gatchalian, […]
May 11, 2020
Published by admin at May 11, 2020
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By Jordeene B. Lagare – May 10, 2020 from The Manila Times The Power Sector Assets and Liabilities Management Corp. (Psalm) again adjusted the bidding schedule of the 650-megawatt (MW) Malaya Thermal Power Plant (MTPP) and its underlying land in […]