Power News

September 1, 2018

NGCP faces right-of-way challenges in P52-B power interconnection project

August 31, 2018 | 12:02 am from Business World BW FILE PHOTO DAVAO CITY — The National Grid Corporation of the Philippines (NGCP) is facing challenges in land acquisition for the Mindanao-Visayas Interconnection Project (MVIP), but assured that the P52-billion […]
September 1, 2018

Transmission line that will improve Samar power supply near completion — NGCP

National Grid Corporation of the Philippines (NGCP) said on Wednesday that it is close to complete the Ormoc-Babatngon 138-kilovolt (kV) line that is aimed to strengthen the transmission of electricity in the Visayas. “This line reinforcement strengthens transmission services in […]
September 1, 2018

Gatchalian pushes 3 energy bills to ease electricity cost

By: Darryl John Esguerra – 11:09 AM August 26, 2018 from INQUIRER.net Senator Sherwin Gatchalian (inset) is urging fellow lawmakers to rush the passage of three bills that could lower the cost of electricity in the country. INQUIRER FILES Senator […]
August 31, 2018

Singaporean firms bullish on RE investments in PH

By Myrna M. Velasco – August 30, 2018, 10:00 PM from Manila Bulletin Department of Energy (DOE) logo (MANILA BULLETIN)   SINGAPORE – Investments in the renewable energy (RE) sector – primarily solar and waste-to-energy facilities, are the sphere where […]
August 31, 2018

Govt rejects all unsolicited LNG offers

By Alena Mae S. Flores – August 30, 2018 at 07:55 pm from manilastandard.net The government rejected all unsolicited offers for the proposed $2-billion integrated liquefied natural gas project after they were found non-compliant, Energy Undersecretary Donato Marcos said Thursday. […]
August 31, 2018

Consumers may pay for NPC’s stranded debts, contract costs

By Lenie Lectura – August 29, 2018 from Business Mirror CONSUMERS should expect to pay for an accumulated universal charge (UC) of P0.5593 per kilowatt hour (kWh) from 2020 to 2026, unless government agrees to utilize the P207-billion Malampaya fund […]
August 30, 2018

Ayala increasing Vietnam solar capacity to 280MW

By Myrna M. Velasco – August 29, 2018, 10:00 PM from Manila Bulletin From an initial capacity of 30 megawatts (MW), the energy investment arm of the Ayala Corporation and its Vietnamese partner BIM Group will be scaling up their […]
August 30, 2018

Aboitiz files 2nd tranche of P30-billion debt-securities program with SEC

By Lenie Lectura – August 29, 2018 from Business Mirror ABOITIZ Power Corp. (Aboitiz Power) has filed with the Securities and Exchange Commission (SEC) the registration of the second tranche of its P30- billion debt-securities program. The second tranche bonds, […]
August 29, 2018

PSALM sets P8.4-B settlement on claims of NPC employees

By Myrna M. Velasco – August 28, 2018, 10:00 PM from Business Mirror State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has booked P8.404 billion worth of claims by the previously dismissed National Power Corporation (NPC) employees – as […]
August 29, 2018

Solar PHL to provide power to 12 towns

By Lenie Lectura – August 27, 2018 from Business Mirror SOLAR Philippines Power Project Holdings Inc. will provide solar-based mini grids to 12 towns, benefiting an estimated 200,000 Filipinos at no cost to the government. The company said on Monday this […]