Power News

February 6, 2019

PCC wants Congress to set regulatory framework for SPSB

By Lenie Lectura – February 6, 2019 from Business Mirror THE Philippine Competition Commission (PCC) sees the need to establish a regulatory framework before lawmakers act on Solar Para sa Bayan (SPSB) Corp.’s franchise application to construct, install, establish, operate […]
February 5, 2019

SPSB willing to accept franchise service limited to unserved areas

By Lenie Lectura – February 5, 2019 from Business Mirror SOLAR Para Sa Bayan (SPSB) Corp. on Monday declared it is willing to accept most of the amendments for House Bill 8179, including limiting the scope of its proposed franchise […]
February 5, 2019

Meralco customers face higher generation charges in February

By Alena Mae S. Flores – February 04, 2019 at 07:30 pm from manilastandard.net Customers of power retailer Manila Electric Co. face higher generation charges this month following the normalization of the capacity fees and higher outages in January. “It […]
February 5, 2019

PSALM to tap $1.1-B new loans to pay maturing debts

By Myrna M. Velasco – February 4, 2019, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is firming up plans to tap fresh loans of US$1.1 billion that it will utilize to settle maturing […]
February 5, 2019

Palawan cooperative probes power outages

By Alena Mae S. Flores – February 04, 2019 at 07:05 pm from manilastandard.net Palawan Electric Cooperative is addressing its power outages following the approval of its capital expenditure program. Paleco project supervisor and acting general manager Nelson Lalas said […]
February 4, 2019

Aboitiz Power to transfer barges to Visayas

By Myrna M. Velasco – February 3, 2019, 10:00 PM from Manila Bulletin Two of the mothballed power barges from the 242-megawatt Therma Mobile, Inc. (TMO) bunker-C fired power plant in Navotas will be transferred by the Aboitiz Power Corp. […]
February 4, 2019

PSALM logs P14-billion losses as of Q3

By Myrna M. Velasco – February 3, 2019, 10:00 PM from Manila Bulletin Due to swelling foreign exchange (forex) losses, state-run Power Sector Assets and Liabilities Management Corporation (PSALM) logged a very dismal financial performance as of third quarter last […]
February 4, 2019

Razon group eyes Palawan electric cooperative next

By Myrna M. Velasco – February 3, 2019, 10:00 PM from Manila Bulletin Billionaire Enrique K. Razon is eyeing Palawan Electric Cooperative (PALECO) as its next business conquest in the power distribution segment of the country’s restructured electricity sector. Razon’s […]
February 4, 2019

Electric co-ops protest cancellation of franchise

By Alena Mae S. Flores – February 03, 2019 at 07:05 pm from manilastandard.net The Philippine Rural Electric Cooperatives Association Inc., a group of 121 electric cooperatives, asked Energy Secretary Alfonso Cusi to be fair in addressing the plight of […]
February 3, 2019

ERC steps up on meter-testing facility

By Myrna M. Velasco – February 2, 2019, 10:00 PM from Manila Bulletin The Energy Regulatory Commission (ERC) is reinforcing its meter-testing laboratory for it to gain ISO accreditation that will then give it the leverage to ramp up within […]