Power News

August 1, 2019

NGCP seeks ERC’s nod to bill Luzon customers P10.64 million

By Lenie Lectura – August 1, 2019 from Business Mirror THE National Grid Corp. of the Philippines (NGCP) is seeking regulators’ approval to recover P10.646 million in expenditures it incurred after Tropical Depression Josie struck Luzon last year. The NGCP […]
July 31, 2019

ERC blocks bid of Transco, Psalm to intervene in NGCP’s IPO delay

By Lenie Lectura – July 31, 2019 from Business Mirror THE National Transmission Corp. (Transco) and the Power Sector Assets and Liabilities Management Corp. (PSALM) were not allowed by the Energy Regulatory Commission (ERC) to intervene in the petition for […]
July 31, 2019

MGreen seen to seal RE deals to beef up portfolio by 350 MW

By Lenie Lectura – July 31, 2019 from Business Mirror MGEN Renewable Energy Inc. (MGreen), a wholly owned subsidiary of Meralco PowerGen Corp. (MGen), is expected this year to seal deals in renewable energy (RE) that will beef up its […]
July 31, 2019

Napocor inaugurates new facilities in Catanduanes

By Danessa Rivera – July 28, 2019 – 12:00am from The Philippine Star MANILA, Philippines — State-owned National Power Corp. (Napocor) on Thursday switched-on the 15-kilometer Virac to San Miguel 69-kv transmission line and the five MVA Codon substation in […]
July 30, 2019

ERC struggling to resolve big load of case backlogs amid flurry of PSAs

By Myrna M. Velasco – July 29, 2019, 10:00 PM from Manila Bulletin No less than Energy Regulatory Commission (ERC) Chairperson Agnes T. Devanadera has admitted that they are still wrestling with thousands of case backlogs and the regulatory body […]
July 30, 2019

Meralco gets 22 offers from gencos for CSP on 3 deals

By Lenie Lectura – July 30, 2019 from Business Mirror THE Manila Electric Co. (Meralco) has received 22 offers from various power-generation companies (gencos) that are interested to participate in the competitive selection process (CSP) of three power contracts with […]
July 30, 2019

EU to fund electrification in 3 major island-grids

By Myrna M. Velasco – Updated July 29, 2019, 10:52 AM from Manila Bulletin The European Union (EU) will be funneling funds to energize some communities in Cebu, Bohol and Palawan – three of the major island-grids in the country […]
July 30, 2019

Meralco’s core income rose 14% in first semester

By Alena Mae S. Flores – July 29, 2019 at 07:35 pm from manilastandard.net Power retailer Manila Electric Co. said Monday core net income increased 14 percent in the first half to P12.3 billion from P10.85 billion a year ago […]
July 29, 2019

NGOs call for more aggressive moves to adopt renewable energy

By Victor V. Saulon – July 29, 2019 | 12:02 am from Business World CRECENCIO I. CRUZ CONSUMER groups said the Department of Energy’s (DoE) plans for renewable energy (RE) need to be reviewed to ensure consistency with the objective […]
July 29, 2019

PNOC, China state firm ink MOU to pursue LNG projects

By Lenie Lectura – July 29, 2019 from Business Mirror THE Philippine National Oil Co. (PNOC) and the China Petroleum Pipeline Engineering Co. Ltd. (CPP) will partner to look for opportunities in the LNG (liquefied natural gas) sector. Both signed a […]