Power News

November 1, 2019

Vivant unit bags power supply deal in Bantayan Island

By Alena Mae S. Flores – October 31, 2019 at 08:35 pm from manilastandard.net Bantayan Electric Cooperative awarded a 15-megawatt power supply contract to Vivant Integrated Diesel Corp., a wholly-owned subsidiary of Vivant Energy Corp. Listed and holding company Vivant […]
October 31, 2019

Meralco asks ERC to approve 6 deals

By Alena Mae S. Flores – October 30, 2019 at 08:00 pm from manilastandard.net Power retailer Manila Electric Co. is seeking authority from the Energy Regulatory Commission to implement six power supply agreements involving a combined capacity of 1,700 megawatts. […]
October 30, 2019

Meralco facing fresh hurdles in power-supply deals via CSP

By Lenie Lectura -October 30, 2019 from Business Mirror Meralco linemen inspect meters on Road 10 in Tondo, Manila, in this file photo. THE Manila Electric Co. (Meralco) faces yet again another hurdle in securing power-supply deals. “What we have […]
October 30, 2019

Meralco sets P11 billion in accelerated capex spending

By Myrna M. Velasco – October 29, 2019, 10:00 PM from Manila Bulletin With an expanding customer base and demand growth, power utility giant Manila Electric Company (Meralco) indicated that it already spent P11 billion on accelerated utilization of programmed […]
October 29, 2019

Meralco seen to end year with P23 billion in net income

By Lenie Lectura -October 29, 2019 from Business Mirror   THE Manila Electric Co. (Meralco) is expected to end the year with over P23 billion in net income after it reported on Monday a consolidated net income of P6.31 billion in […]
October 29, 2019

PSALM to bid out contract for feasibility study of Quezon City property

By Danessa Rivera – October 28, 2019 – 12:00am from The Philippine Star MANILA, Philippines — State-run Power Sector Assets and Liabilities Management Corp. (PSALM) is bidding out the contract to conduct a feasibility study for a masterplan development for […]
October 29, 2019

DOE revises terms for Meralco’s new CSP

By Myrna M. Velasco – Updated October 28, 2019, 10:46 AM from Manila Bulletin At least three conditions had been modified by the Department of Energy (DOE) on the scheduled new round of competitive selection process (CSP) for utility firm […]
October 28, 2019

Basic Energy eyes start of phases 2, 3 of Myanmar project next year

By Jordeene B. Lagare – October 28, 2019 from The Manila Times BASIC Energy Corp. intends to begin building the next two phases of a solar power facility in Myanmar early next year after recently completing the first one. During […]
October 28, 2019

PECO warns MORE against expropriating power assets

By Alena Mae S. Flores -October 27, 2019 at 08:45 pm from manilastandard.net Panay Electric Co. warned More Electric Power Corp. against expropriating the former’s assets, saying the case is now with the Supreme Court. The Court of Appeals on […]
October 27, 2019

DOE explores potential of hydrogen as energy source

By Myrna M. Velasco – October 26, 2019, 10:00 PM from Manila Bulletin The Department of Energy (DOE) is advancing pitch for hydrogen as added option for the future energy resources that can be utilized in the Philippine energy sector. […]