Power News
December 20, 2017
Published by admin at December 20, 2017
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By Lenie Lectura – December 19, 2017 from Business Mirror THE SN Aboitiz Power (SNAP) Group may spend $1.75 billion in the next 10 years to ramp up its capacity by 500 megawatts (MW) more.“The rule of thumb is you spend $3 […]
December 20, 2017
Published by admin at December 20, 2017
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By Lenie Lectura – December 19, 2017 from Business Mirror SAN Miguel Corp. (SMC) can expect its acquisition of Masinloc Power Plants Co. Ltd. (MPPCL) to boost the company’s revenue by nearly 18.9 percent this year and by 13.7 percent in 2018. A […]
December 19, 2017
Published by admin at December 19, 2017
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By Lenie Lectura – December 18, 2017 from Business Mirror SMC Global Power Holdings Corp. (SMCGPH), the power arm of conglomerate San Miguel Corp., is buying Masinloc Power Plants Co. Ltd. (MPPCL) for $1.9 billion. MPPCL is 51-percent owned by […]
December 19, 2017
Published by admin at December 19, 2017
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By Lenie Lectura – December 18, 2017 from Business Mirror SN Aboitiz Power (SNAP) said on Monday it considers 2017 as a “very strong year” as the company expects revenue and profit expected to soar. SNAP President Joseph Yu said revenue “almost” […]
December 19, 2017
Published by admin at December 19, 2017
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By Lenie Lectura – December 17, 2017 from Business Mirror THE power-generation arm of Manila Electric Co. (Meralco) is “seriously” looking at venturing into wind energy amid an impending rise in coal taxes. “We’ve been asked to look at wind proposals,” Meralco […]
December 19, 2017
Published by admin at December 19, 2017
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By Myrna M. Velasco – December 17, 2017, 10:00 PM from Manila Bulletin The Department of Energy (DOE) will be enforcing two modes of contracting under its amended policy on award of petroleum service contracts – to be institutionalized via the […]
December 19, 2017
Published by admin at December 19, 2017
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By Alena Mae S. Flores – December 15, 2017 at 07:51 pm from manilastandard.net Meralco PowerGen Corp., the generation unit of Manila Electric Co., is set to finalize an operations and maintenance agreement with ESB International of Ireland for the 1,200-megawatt Atimonan coal-fired […]
December 18, 2017
Published by admin at December 18, 2017
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By Myrna M. Velasco – December 17, 2017, 10:00 PM from Manila Bulletin Underpinned by a technical assistance from the Russian Federation State Atomic Energy Cooperation (ROSATOM), the Department of Energy (DOE) announced it is now well on its way into […]
December 16, 2017
Published by admin at December 16, 2017
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By Alena Mae S. Flores – December 15, 2017 at 07:57 pm from manilastandard.net Hedcor Bukidnon, a unit of Aboitiz Power Corp., signed a supply agreement with Surigao del Sur 1 Electric Cooperative Inc. (Surseco) 1) that will diversify the cooperative’s energy supply. […]
December 15, 2017
Published by admin at December 15, 2017
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By Myrna M. Velasco – December 13, 2017, 10:00 PM from Manila Bulletin AC Energy Holdings Corporation and partners in the 1,336 megawatts GNPower Dinginin Ltd. Co. in Bataan has already closed the financing for the second unit of the project, […]