Power News

September 7, 2019

Meralco energizes new Clark City substation

Published September 7, 2019, 7:28 AM from Manila Bulletin Meralco recently energized its new 69 kV-13.8kV Interim Substation in New Clark City (NCC), the country’s first smart, disaster-resilient, and sustainable city. The substation addresses the power demands of the NCC […]
September 7, 2019

Mindanao hydro plant gets P1.1-b DBP loan

By Julito G. Rada – September 06, 2019 from manilastandard.net STATE-RUN Development Bank of the Philippines, the eighth-largest lender in terms of assets, is extending a P1.1-billion term loan to Mindanao-based Liangan Power Corp. for the construction of a 11.9-megawatt […]
September 6, 2019

BNPP in ‘good condition’ for $1-B rehab cost – study

By Myrna M. Velasco – September 5, 2019, 10:00 PM from Manila Bulletin A study by a Korean firm has assessed the mothballed Bataan Nuclear Power Plant (BNPP) to be in “good condition” and it is viable for rehabilitation at […]
September 6, 2019

WESM commercial ops in Mindanao set Jan. 26

By Lenie Lectura -September 6, 2019 from Business Mirror THE commercial implementation of the Wholesale Electricity Spot Market (WESM) in Mindanao is scheduled on January 26, 2020, according to Jose Mari Bigornia, president of the Independent Electricity Market Operator of […]
September 5, 2019

Phinma energy firm says DOE has cleared its exit from SC 69

By Lenie Lectura -September 5, 2019 from Business Mirror PHINMA Petroleum and Geothermal Inc. (PPG) said on Wednesday the Department of Energy (DOE) has approved the company’s decision to abandon Service Contract (SC) 69 located in Central Visayas. “The company […]
September 5, 2019

PSALM seeks ERC help collecting P216M from distributors, companies

By Victor V. Saulon – September 4, 2019 | 10:32 pm from Business World THE Power Sector Assets and Liabilities Management Corp. (PSALM) has asked the Energy Regulatory Commission (ERC) to resolve the pending cases involving the collection of unpaid […]
September 4, 2019

DoE backs FiT rate extension for small river hydro projects

By Victor V. Saulon – September 2, 2019 | 10:53 pm from Business World THE Energy department is supporting the extension of the feed-in tariff (FiT) rate for small hydroelectric power projects until developers have fully taken up all the […]
September 4, 2019

Malampaya operator still keen on extending service contract

By Lenie Lectura – September 4, 2019 from Business Mirror The Malampaya deep water gas to power project is seen in this file photo. SHELL Philippines Exploration BV (SPEX), operator of the Malampaya deep water gas-to-power project, said Tuesday there […]
September 4, 2019

Alsons unit shortlists 2 global firms for coal-fired power plant in Zamboanga

By Lenie Lectura – September 4, 2019 from Business Mirror SAN Ramon Power Inc. (SRPI), a unit of listed Alsons Consolidated Resources Inc., has shortlisted two global construction and engineering contractors out of five companies that initially submitted bid proposals for […]
September 4, 2019

Japan firm wins FGen’s LNG project

By Alena Mae S. Flores – September 02, 2019 at 07:50 pm from manilastandard.net First Gen Corp. said Monday it chose JGC Corp. of Japan as the preferred contractor for the engineering, procurement and construction of a $1-billion liquefied natural […]