Power News
December 14, 2017
Published by admin at December 14, 2017
Categories
By Myrna M. Velasco – December 13, 2017, 10:00 PM from Manila Bulletin Lisbon, Portugal – The “unresolved” bid for a license extension of the current service contractor of the Malampaya field may emerge as a “critical element” that could eventually […]
December 14, 2017
Published by admin at December 14, 2017
Categories
By Alena Mae S. Flores – December 13, 2017 at 08:20 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. said Wednesday it forfeited the P400-million performance bond of FDC Misamis Power Corp., a power unit of Filinvest Development […]
December 13, 2017
Published by admin at December 13, 2017
Categories
By Myrna M. Velasco – December 12, 2017, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has reportedly served a “formal notice of default and confiscation of performance bond” on Monday (December 11) to FDC […]
December 13, 2017
Published by admin at December 13, 2017
Categories
By Alena Mae S. Flores – December 12, 2017 at 09:55 pm from manilastandard.net GNPower Dinginin Ltd. Co., the joint venture of of AC Energy Holdings Inc., Therma Power Inc. and Power Partner, has secured financing for the second unit of its 1,336-megawatt […]
December 13, 2017
Published by admin at December 13, 2017
Categories
By Lenie Lectura – December 12, 2017 from Business Mirror THE National Transmission Corp. (Transco) and the Land Registration Authority (LRA) signed last Tuesday a memorandum of agreement (MOA) that will pave the way for the former to acquire all titled properties falling within […]
December 13, 2017
Published by admin at December 13, 2017
Categories
December 8, 2017 from BusinessWorld THE Department of Energy (DoE) said the country needs to build a buffer of reserve power that is at least 25% of demand as the agency’s top official made his annual call for businesses to […]
December 12, 2017
Published by admin at December 12, 2017
Categories
By Myrna M. Velasco – December 11, 2017, 10:01 PM from Manila Bulletin As current reservoir analysis portends additional gas production years for Malampaya field, the initial target of the Department of Energy (DoE) is to place its operatorship under state-run […]
December 12, 2017
Published by admin at December 12, 2017
Categories
By Lenie Lectura – December 11, 2017 from Business Mirror THE Philippine National Oil Co. (PNOC) has asked two foreign firms to resubmit unsolicited proposals for a partnership with the state firm to put up a $2-billion liquefied natural gas (LNG) terminal. […]
December 12, 2017
Published by admin at December 12, 2017
Categories
By Myrna M. Velasco – December 11, 2017, 10:00 PM from Manila Bulletin Energy Secretary Alfonso G. Cusi will be issuing a Circular before yearend to officially terminate the feed-in-tariff (FIT) incentive for any new set of renewable energy (RE) installations. […]
December 11, 2017
Published by admin at December 11, 2017
Categories
By Alena Mae S. Flores – December 10, 2017 at 09:30 pm from manilastandard.net Customers of Manila Electric Co. will experience higher generation charges of P0.0455 per kilowatt-hour, once the government slaps a P300 excise tax on every metric ton of coal. Meralco […]