Power News
May 15, 2018
Published by admin at May 15, 2018
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By Myrna M. Velasco – May 14, 2018, 10:00 PM from Manila Bulletin Lopez-owned First Gen Corporation will be reducing the level of debts on its balance sheet by a scale of $500 million this year, a key company executive […]
May 15, 2018
Published by admin at May 15, 2018
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By Myrna M. Velasco – May 14, 2018, 10:01 PM from Manila Bulletin The Department of Energy (DOE) is enforcing a stringent timeline of 65 days to approve the applications of customers seeking direct connection to the power grid, primarily […]
May 15, 2018
Published by admin at May 15, 2018
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By Lenie Lectura – May 14, 2018 from Business Mirror FIRST Gen Corp.’s other hydropower projects are put on hold until the government issues clear cut-rules on feed-in-tariff (FiT), an incentive in the form of guaranteed power rate given to […]
May 15, 2018
Published by admin at May 15, 2018
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By Lenie Lectura – May 14, 2018 from Business Mirror THE Manila Electric Co. (Meralco) has contracted “less than 50 megawatts [MW]” of additional power-generation capacity up to June this year. “We contracted interim power-supply agreements [Ipsa]. The total capacity […]
May 14, 2018
Published by admin at May 14, 2018
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Published May 12, 2018, 6:38 PM from Manila Bulletin Meralco announced a decrease in overall electricity rates for May 2018, amounting to PhP0.5436 per kWh for a typical household.The lower May rate is mainly due to the PhP0.4212per kWh decrease […]
May 14, 2018
Published by admin at May 14, 2018
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By REY G. PANALIGAN – 12 May 2018 from Manila Bulletin More than 100 electric cooperatives (ECs) which are non-stock and non-profit organizations have expressed apprehensions over the government’s plan to allow private corporations to enter the rural electrification business […]
May 11, 2018
Published by admin at May 11, 2018
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By Alena Mae S. Flores – May 10, 2018 at 07:10 pm from manilastandard.net The Energy Regulatory Commission approved 16 power supply agreements and seven capital expenditure applications with a total amount of P1.146 billion and corresponding permit fees of […]
May 11, 2018
Published by admin at May 11, 2018
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By Lenie Lectura – May 9, 2018 from Business Mirror EIGHT companies have expressed interest to operate and maintain the 650-megawatt Malaya Thermal Power Plant (MTPP). The Power Sector Assets and Liabilities Management Corp, (PSALM) said three of the eight […]
May 10, 2018
Published by admin at May 10, 2018
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By Lenie Lectura – May 9, 2018 from Business Mirror LOPEZ-LED First Gen Corp.’s planned $1-billion LNG (liquefied natural gas) facility is in its “most advanced state of development” compared to the LNG plans of other firms. “Why do I say […]
May 9, 2018
Published by admin at May 9, 2018
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By Alena Mae S. Flores – May 08, 2018 at 07:50 pm from manilastandard.net Power consumers will enjoy lower electricity rates in May, after the cost of generation decreased, retailer Manila Electric Co. said Tuesday. Meralco said in a statement […]