Power News

July 5, 2019

Meralco ordered to refund P0.0731/kWh to customers

By Myrna M. Velasco – July 4, 2019, 6:41 PM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) has been ordered to refund P0.0731 per kilowatt hour (kWh) to its customers in this July billing cycle — with […]
July 5, 2019

Power distributors ordered to refund regulatory reset cost

By Alena Mae S. Flores – July 04, 2019 from manilastandard.net The Energy Regulatory Commission ordered all privately-owned electric distribution utilities to refund the so-called regulatory reset cost, with corresponding interest, to power consumers. It said the one-time refund should […]
July 5, 2019

Psalm eyes CBKHPP, Casecnan hydro power plants as the next in line to privatize

By Lenie Lectura – July 5, 2019 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) has set its sights on Caliraya-Botocan-Kalayaan Hydroelectric Power Plant (CBKHPP) and Casecnan multipurpose hydropower plant as the next power assets to be […]
July 5, 2019

Widus, Aboitiz Power team up in Clark zone

By Alena Mae S. Flores – July 3, 2019 at 7:10 pm from manilastandard.net Widus International Leisure Inc. has taken a significant leap in promoting sustainable tourism after the company teamed up with Aboitiz Power Corp. to supply the Widus […]
July 4, 2019

Reason for delayed LNG project sought

By Jordeene B. Lagare – July 03, 2019 from The Manila Times The Department of Energy (DoE) said it would wait for answers as to why Tanglawan Philippine LNG Inc., the joint venture of Phoenix Petroleum Philippines Inc. and CNOOC […]
July 4, 2019

Anti-trust body clears Meralco-Marubeni deal

By Othel V. Campos – July 03, 2019 at 07:55 pm from manilastandard.net The Philippine Competition Commission approved the proposed joint venture between state-run Bases Conversion and Development Authority and the consortium of Manila Electric Co. and its Japanese partners […]
July 4, 2019

19 electric co-ops borrowed P395 million from NEA to stay afloat

By Lenie Lectura – July 4, 2019 from Business Mirror NINETEEN electric cooperatives (ECs) availed of loan assistance worth P395 million from the National Electrification Administration (NEA) as of end-June this year, the state firm said on Wednesday. Among those […]
July 3, 2019

PSALM slates sale of idle power plants

By Danessa Rivera – July 3, 2019 – 12:00am from The Philippine Star MANILA, Philippines — State-run Power Sector Assets and Liabilities Management Corp. (PSALM) has set the sale of two idle power plant properties to help reduce its liabilities. […]
July 3, 2019

DOE mulls extension of FIT allocation for hydro

By Danessa Rivera – July 3, 2019 – 12:00am from The Philippine Star MANILA, Philippines — The Department of Energy (DOE) is looking to extend anew the deadline for the feed-in-tariff (FIT) allocation for run-of-river hydro due to slow take […]
July 3, 2019

Siemens to submit EPC bid for First Gen’s 2 new power projects

By Myrna M. Velasco – July 2, 2019, 10:00 PM from Manila Bulletin Industrial giant Siemens A.G. of Germany indicated that it will submit a tender for the engineering, procurement and construction (EPC) contract that project developer First Gen Corporation […]