Power News
February 27, 2020
Published by admin at February 27, 2020
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By Alena Mae S. Flores – February 25, 2020 at 09:00 pm from manilastandard.net The Energy Department assured it will look into the call of a lawmaker to invalidate the contract between Philippine Electricity Market Corp. and Independent Electricity Market […]
February 27, 2020
Published by admin at February 27, 2020
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By Alena Mae S. Flores – February 25, 2020 at 08:50 pm from manilastandard.net Listed Vivant Corp. said Tuesday it has no delinquent account with the government and is no longer related to Vivant-Sta. Clara Northern Renewables Generation Corp., or […]
February 26, 2020
Published by admin at February 26, 2020
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By Lenie Lectura -February 26, 2020 from Business Mirror UC Malampaya Philippines Pte. Ltd., a unit of Udenna Corp. (UC) led by Davao businessman Dennis Uy, has secured approval of the Philippine Competition Commission (PCC) to acquire the 45-percent stake […]
February 26, 2020
Published by admin at February 26, 2020
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By Lenie Lectura -February 26, 2020 from Business Mirror ENERGY Secretary Alfonso Cusi is close to making a decision on the issue involving the allegedly illegal creation of Independent Electricity Market Operator of the Philippines (Iemop). He said last week that […]
February 26, 2020
Published by admin at February 26, 2020
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By Lenie Lectura -February 26, 2020 from Business Mirror THE Energy Regulatory Commission (ERC) has provisionally approved the Manila Electric Company’s (Meralco) power supply agreements (PSAs) that underwent competitive bidding last year. “The ERC granted provisional authority to implement the […]
February 25, 2020
Published by admin at February 25, 2020
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By Lenie Lectura -February 25, 2020 from Business Mirror San Miguel Corp. (SMC) criticized the government for releasing willy-nilly disputed figures to gain public approval in an ongoing case concerning the Ilijan power plant. The conglomerate has urged the Department […]
February 25, 2020
Published by admin at February 25, 2020
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By Lenie Lectura -February 25, 2020 from Business Mirror ENERGY Development Corporation (EDC) has committed to set aside one centavo per kilowatt-hour (P0.01/kWh) of its total electricity sales to its host communities. A memorandum of agreement (MOA) was signed recently […]
February 24, 2020
Published by admin at February 24, 2020
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By Butch Fernandez -February 24, 2020 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (Psalm) warned it will incur an annual borrowing cost of about P1.7 billion a year should the P33.62 billion in delinquent accounts remain […]
February 24, 2020
Published by admin at February 24, 2020
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By MYRNA M. VELASCO – February 22, 2020, 10:00 PM from Manila Bulletin The Department of Energy (DOE) assured consumers of “enough power supply,” but it stopped short of admitting that the country’s electricity system is actually on “life support” […]
February 24, 2020
Published by admin at February 24, 2020
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By Lenie Lectura -February 24, 2020 from Business Mirror THE operation of the electricity spot market should be returned to the Philippine Electricity Market Corp. (PEMC), at least for now, if the contract with Independent Electricity Market Operator of the Philippines […]