Power News

April 9, 2020

NEA backs indefinite extension to settle EC power bills amid COVID-19 crisis

By Manila Standard Business – April 08, 2020 at 03:35 pm The National Electrification Administration (NEA) endorsed the appeal of electric cooperatives (ECs) to extend the deadline of their payment of dues and remittances to power generation and transmission companies […]
April 8, 2020

Meralco powers COVID-19 treatment centers

By Philstar.com – April 8, 2020 – 9:54am MANILA, Philippines — The Manila Electric Co. (Meralco) announced is full support to the Department of Public Works and Highways’ plans to convert three multi-purpose venues into much-needed additional health and medical facilities. […]
April 8, 2020

MORE Power modernization program kicks off in Iloilo City

By Lenie Lectura -April 8, 2020 from Business Mirror MORE Electric and Power Corp. (MORE Power) has commenced a program that aims to modernize Iloilo City’s power distribution system. The Department of Energy (DOE) said it will monitor the progress […]
April 8, 2020

Cusi directs utilization of ‘energy fund’ for COVID-19 efforts

By Myrna M. Velasco – April 7, 2020, 10:00 PM from Manila Bulletin As cash shortfall emerges as escalating dilemma due to the novel coronavirus (COVID-19) health crisis, Energy Secretary Alfonso G. Cusi has issued an order allowing the utilization […]
April 7, 2020

DoE to crack down on power plants in prolonged testing

By Adam J. Ang – April 5, 2020 | 4:25 pm from Business World          bworldonline.com THE Department of Energy (DoE) said it will more strictly enforce a two-month deadline for power facilities exceeding the allotted time for Test and Commissioning […]
April 7, 2020

ERC moves to reduce electricity transmission charge to consumers

By Lenie Lectura -April 7, 2020 from Business Mirror In Photo: An overhead power line used for electricity transmission and distribution across large distances is seen in Bulacan. Transmission charges will be reduced to P0.4701 per kilowatt-hour (kWh) this year […]
April 7, 2020

NEA remits dividends and unused subsidies

By Alena Mae S. Flores – April 05, 2020 at 07:30 pm from manilastandard.net State-run National Electrification Administration will remit around P1.35 billion of unused subsidies and dividends to the national government to support efforts to mitigate the impact of […]
April 6, 2020

PSALM pares down debt to P417.88B

By Lenie Lectura -April 6, 2020 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) has reduced its principal financial obligations to P417.88 billion last February, from P422.011 billion recorded at the end of 2019. PSALM President […]
April 6, 2020

DOE expects Iloilo electric service to improve with MORE takeover

By Alena Mae S. Flores – April 05, 2020 at 08:30 pm from manilastandard.net The Energy Department is confident electricity customers in Iloilo City will experience better service under More Electric Power Corp. with its planned P1.8-billion modernization program. “We […]
April 6, 2020

ERC to set reserve price on auction of RE capacities

By Myrna M. Velasco – April 5, 2020, 10:00 PM from Manila Bulletin The Energy Regulatory Commission (ERC) will set the reserve price for the targeted green energy tariff to underpin renewable energy (RE) capacities that shall be auctioned and […]