Power News
March 12, 2020
Published by admin at March 12, 2020
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By Lenie Lectura – March 12, 2020 from Business Mirror ENERGY Secretary Alfonso Cusi has signed a department circular that requires all power generation companies to submit the schedule of their plant outages for three years. “All generating companies shall […]
March 12, 2020
Published by admin at March 12, 2020
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By Lenie Lectura – March 12, 2020 from Business Mirror THE National Electrification Administration (NEA) released in February this year an additional P51.596 million in calamity loans to six electric cooperatives (ECs) operating in Mimaropa, Bicol and Eastern Visayas regions. Latest data […]
March 11, 2020
Published by admin at March 11, 2020
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By Lenie Lectura -March 11, 2020 from Business Mirror THE National Grid Corp. of the Philippines (NGCP) said Tuesday that it would not agree to the proposed comprehensive system operations audit to be conducted by the Department of Energy (DOE) […]
March 11, 2020
Published by admin at March 11, 2020
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By Lenie Lectura -March 11, 2020 from Business Mirror SAN Miguel Corp. (SMC) chief Ramon S. Ang on Tuesday offered to pay the government in advance a whopping P22.68 billion worth of capacity fees to the Power Sector Assets and Liabilities […]
March 11, 2020
Published by admin at March 11, 2020
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By Bernadette D. Nicolas -March 11, 2020 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) slashed its debts by 6.05 percent to P27.18 billion in 2019, bringing the outstanding principal financial obligations to P422.011 billion last […]
March 10, 2020
Published by admin at March 10, 2020
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By BusinessMirror – March 10, 2020 SUPPLY of electricity in Iloilo City has been notably stable and reliable for the past nine days since More Electric and Power Corp. (MORE Power) took over certain distribution assets of Panay Electric Co. […]
March 10, 2020
Published by admin at March 10, 2020
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By Lenie Lectura -March 10, 2020 from Business Mirror The Manila Electric Co. (Meralco) is likely to release this week the revised terms of reference (TOR) for the competitive bidding of a 1,200-megawatt (MW) power supply contract. “I hope we […]
March 9, 2020
Published by admin at March 9, 2020
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By Lenie Lectura – March 9, 2020 from Business Mirror THE Energy Regulatory Commission (ERC) has resolved the impasse between More Electric and Power Corp. and Panay Electric Co. (Peco) after it revoked the latter’s temporary certificate of public convenience […]
March 9, 2020
Published by admin at March 9, 2020
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By MYRNA M. VELASCO – March 7, 2020, 10:00 PM from Manila Bulletin Local government units (LGUs) hosting power facilities would be able to beef up their cash resources for specified projects and programs as the Department of Energy (DOE) […]
March 9, 2020
Published by admin at March 9, 2020
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By Lenie Lectura -March 8, 2020 from Business Mirror THE Department of Energy (DOE) has once again allayed fears of yet another looming electricity shortage leading to brownouts this coming dry season, assuring there is stable power supply. There is no need to […]