Power News

March 20, 2020

Malampaya workers’ restrictions could hinder power operations–DOE

By Lenie Lectura -March 20, 2020 from Business Mirror THE Department of Energy (DOE) on Thursday stressed the importance of the Malampaya Gas Field as a deep-water gas-to-power project which delivers 20 percent of the country’s electricity requirement. DOE Secretary […]
March 20, 2020

EDC commits uninterrupted power supply

By Alena Mae S. Flores – March 19, 2020 at 08:30 pm from manilastandard.net cof the Lopez Group committed to ensure unimpeded power supply despite an expanded community quarantine in Luzon region aimed at mitigating the spread of the coronavirus […]
March 20, 2020

Alsons net income jumps by 67% in 2019

By Lenie Lectura -March 20, 2020 from Business Mirror ALCANTARA-led Alsons Consolidated Resources Inc. (ACR) ended 2019 with a net income of P938 million, up 67 percent from the P563 million recorded in 2018, mainly due to sustained revenues. The […]
March 19, 2020

Aboitiz group unveils P73-B capex, P41 B for power projects

By Myrna M. Velasco – March 19, 2020, 12:00am from Manila Bulletin The power business segment of the Aboitiz group will continuously corner the bulk of its capital expenditures (capex) this year, with an allotment of P41 billion vis-à-vis the […]
March 19, 2020

First Gen net income rose 34% in 2019

By Lenie Lectura -March 19, 2020 from Business Mirror First Gen Corp. posted P15.4 billion in net income last year, up 34 percent from P11.6 billion recorded in 2018, mainly on account of higher electricity sales. The company said on […]
March 19, 2020

Meralco, other distributors extend power bill collection by a month

By Alena Mae S. Flores – March 17, 2020 at 09:10 pm from manilastandard.net The Energy Regulatory Commission ordered distribution utilities in Luzon to extend by a month the collection of customer bills falling due on March 15 to April […]
March 18, 2020

Some power firms face delays as work stops

By Lenie Lectura – March 18, 2020 from Business Mirror SOME power firms are facing delays in the construction of their power projects as a result of the paralysis induced by measures to stop the new coronavirus disease (Covid-19). “We […]
March 18, 2020

Meralco launches measures to sustain power supply

By Adam J. Ang – March 16, 2020 | 9:59 pm from Business World THE Manila Electric Co. (Meralco) said Monday that it is implementing emergency measures to safeguard the power supply during the Metro Manila lockdown, particularly to critical […]
March 17, 2020

Power players must submit plans to DOE on ensuring supply

By Lenie Lectura -March 17, 2020 from Business Mirror POWER industry stakeholders were directed to submit to the Department of Energy (DOE) their respective Business Continuity Plans (BCP), which outlines their strategies in ensuring power supply availability in the country. […]
March 17, 2020

Meralco told to postpone MM maintenance work

By Myrna M. Velasco – March 16, 2020, 10:00 PM from Manila Bulletin In line with the ongoing ‘lockdown’ enforced in the country’s main metropolis, the Department of Energy (DOE) has directed Manila Electric Company (Meralco) to defer its maintenance […]