Power News

November 13, 2019

Quake-damaged Kidapawan Substation restored by NGCP

By Lenie Lectura -November 13, 2019 from Business Mirror THE National Grid Corp. of the Philippines (NGCP) restored earthquake-damaged Kidapawan Substation last Sunday, seven days ahead of schedule. With this, the substation can now fully accommodate power from Mount Apo […]
November 12, 2019

Iloilo City government to auction off Peco’s assets to cover P106-million tax liability

By Lenie Lectura -November 12, 2019 from Business Mirror THE City Government of Iloilo on Monday said it will auction off next month the assets of Panay Electric Co. (Peco) to pay for the company’s P106-million real-estate tax liability and […]
November 12, 2019

Deadline set for offers to buy Aseagas biomass power plant

By Lenie Lectura -November 12, 2019 from Business Mirror ABOITIZ Power Corp. said last week that a deadline has been set for interested firms to make offers for its 8.8-megawatt (MW) biomass power plant operated by its wholly owned subsidiary, Aseagas […]
November 11, 2019

DOE set to issue new rules on power firms’ CSP after standoff with Meralco

By Lenie Lectura -November 11, 2019 from Business Mirror THE Department of Energy (DOE) is expected to issue new rules on the competitive selection process (CSP) to govern power firms that are engaged in both power generation and distribution. This […]
November 9, 2019

AC Energy ups stake in wind farm for P2.7b

By Alena Mae S. Flores – November 08, 2019 at 08:55 pm from manilastandard.net AC Energy Philippines Inc. of Ayala Corp. will purchase the stake of Philippine Investment Alliance for Infrastructure in North Luzon Renewables Energy Corp., which owns and […]
November 9, 2019

Hybrid power plant opens in Palawan

By Alena Mae S. Flores – November 07, 2019 at 08:10 pm from manilastandard.net Sabang Renewable Energy Corp. started providing stable, reliable and renewable energy to Barangay Cabayugan in Puerto Princesa City where the famous Underground River is located. “SREC […]
November 8, 2019

PSALM sells 3 land assets in 3 provinces for P934.72M

By Lenie Lectura -November 8, 2019 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) has sold three of its land assets for P934.72 million. The state firm said Thursday it successfully privatized through public biddings the land […]
November 8, 2019

Iloilo blackout traced to power plant outages

By Myrna M. Velasco – November 7, 2019, 3:51 PM from Manila Bulletin The massive power interruptions that engulfed Iloilo City last week was claimed to have been triggered by shutdown of power plants that were both scheduled and unplanned, […]
November 8, 2019

AboitizPower upbeat about 2020 after redressing power plant snags

By Lenie Lectura -November 8, 2019 from Business Mirror Aboitiz Power Corp. expects to perform better next year after enforcing corrective action measures on its power plants that encountered technical snags in the past months. “We don’t expect these outages […]
November 8, 2019

Meralco rates up by P0.4717/kwh in November billing

By Myrna M. Velasco – Updated November 7, 2019, 4:00 PM from Manila Bulletin As anticipated, the pass-on rate of power utility giant Manila Electric Company (Meralco) will be up by P0.4717 per kilowatt hour (kwh) in this November billing […]