Power News
August 22, 2017
Published by admin at August 22, 2017
Categories
By Myrna M. Velasco – August 19, 2017, 10:01 PM from Manila Bulletin State-run agency National Electrification Administration (NEA) will be funneling bulk of its P4.9-billion budget for 2018 to loans and energization projects of electric cooperatives (ECs). It said the […]
August 22, 2017
Published by admin at August 22, 2017
Categories
By Myrna M. Velasco – August 21, 2017, 10:00 PM from Manila Bulletin Breaking power utilities’ service dominance is all up in the agenda of the Department of Energy (DOE) as it is now seriously considering to bring down power retail […]
August 19, 2017
Published by admin at August 19, 2017
Categories
By Lenie Lectura – August 17, 2017 from Business Mirror Citicore Energy Solutions Inc. (Cesi), the retail electricity supply arm of Citicore Power Inc. (CPI), will supply 2.61 megawatts (MW) to Citystate Centre Condominium Corp. (CCCC), its first retail power […]
August 18, 2017
Published by admin at August 18, 2017
Categories
By Lenie Lectura – August 17, 2017 from Business Mirror PetroEnergy Resources Corp. (PERC) reported a 180-percent jump in net income at end-June this year to $6.55 million, from $2.34 million in the same period last year, mainly brought about […]
August 18, 2017
Published by admin at August 18, 2017
Categories
By Lenie Lectura – August 17, 2017 from Business MIrror THE National Grid Corp. of the Philippines (NGCP) said on Thursday it was instrumental in the successful launch of the Wholesale Electricity Spot Market (WESM) in Mindanao. “NGCP’s biggest and most crucial […]
August 17, 2017
Published by admin at August 17, 2017
Categories
By Lenie Lectura – August 16, 2017 from Business Mirror SEMIRARA Mining and Power Corp. (SMPC) formally signified interest with the Department of Energy (DOE) to develop a 50-megawatt (MW) mine-mouth power plant in the province of Antique. Energy Secretary Alfonso Cusi, SMPC […]
August 17, 2017
Published by admin at August 17, 2017
Categories
By Lenie Lectura – August 16, 2017 from Business Mirror THE National Electrification Administration (NEA) on Wednesday said it will issue show-cause orders against the Palawan Electric Cooperative Inc. (Paleco) and Oriental Mindoro Electric Cooperative Inc. (Ormeco) for their failure to provide quality service despite […]
August 16, 2017
Published by admin at August 16, 2017
Categories
By Myrna M. Velasco – August 15, 2017, 10:01 PM from Manila Bulletin Given the lower dispatch of its gas-fired power plants in some months during the first semester, the recurring net income of First Gen Corporation had been down by […]
August 16, 2017
Published by admin at August 16, 2017
Categories
By Lenie Lectura – August 15, 2017 from Business Mirror LOWER electricity sales brought down Phinma Energy Corp.’s net income in the first half of the year to P298 million, as against the P542 million Phinma reported in the same period last year. […]
August 15, 2017
Published by admin at August 15, 2017
Categories
By Myrna M. Velasco – August 14, 2017, 10:00 PM from Manila Bulletin The full financial impact of the operation of the first block of its Sarangani coal-fired power plant had boosted the profitability of Alsons Consolidated Resources Inc, (ACR) to […]