Power News
May 2, 2020
Published by admin at May 2, 2020
Categories
By Myrna M. Velasco – Updated May 2, 2020, 8:01 AM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has released the “national wealth share” of at least six local government units (LGUs) that have been […]
May 1, 2020
Published by admin at May 1, 2020
Categories
By Lenie Lectura – May 1, 2020 from Business Mirror Aboitiz Power Corp. posted a lower income at end-March this year, mainly due to tax payments, interest expense and power plant outage incidents. From January to March this year, the […]
April 30, 2020
Published by admin at April 30, 2020
Categories
Jordeene B. Lagare – April 30, 2020 from The Manila Times AC Energy Inc. has raised more than P64 million to help the country fight the coronavirus disease 2019 pandemic. In a statement, AC Energy said the amount would fund […]
April 30, 2020
Published by admin at April 30, 2020
Categories
By Danessa Rivera – April 29, 2020 – 12:00am From The Philippine Star MANILA, Philippines — Manila Electric Co. (Meralco) plans to defer its competitive selection process (CSP) for 1,200 megawatt greenfield capacity due to volatile oil prices and the […]
April 30, 2020
Published by admin at April 30, 2020
Categories
By Lenie Lectura – April 29, 2020 from Business Mirror The Meralco PowerGen Corp. (MGen) has been cleared by the local government to partially resume work on its P4.25-billion solar power project in Bulacan. “We have been given partial authority […]
April 29, 2020
Published by admin at April 29, 2020
Categories
By Myrna M. Velasco – Updated April 29, 2020, 8:35 AM from Manila Bulletin Despite wading through challenges last year, listed Aboitiz Power Corporation had recompensed its shareholders with ₱9.0 billion cash dividend for 2019, which accounts for half of […]
April 29, 2020
Published by admin at April 29, 2020
Categories
By Myrna M. Velasco – Updated April 29, 2020, 8:37 AM from Manila Bulletin The country’s 121 electric cooperatives will go full blast on their drive to subsidize the power bills of more than 3.0 million marginalized and lockdown-snagged electricity […]
April 29, 2020
Published by admin at April 29, 2020
Categories
By Adam J. Ang – April 28, 2020 | 9:18 pm from Business World FREEPIK THE energy efficiency industry is seeking a share of stimulus incentives to encourage investment in power conservation, which it touted as an opportunity to emerge […]
April 28, 2020
Published by admin at April 28, 2020
Categories
By BusinessMirror -April 27, 2020 THE Manila Electric Company (Meralco) reported a 54-percent drop in reported net income to P2.61 billion in the first quarter of the year as it recognized an impairment of its liquefied natural gas (LNG) investment […]
April 28, 2020
Published by admin at April 28, 2020
Categories
By Genshen L. Espedido – April 26, 2020 | 10:43 pm from Business World AFP A LEGISLATIVE-Executive panel is recommending that marginal power consumers be granted a subsidy equivalent to 50 kilowatt-hours off their electricity bills to help them through […]