Power News
March 2, 2024
Published by admin at March 2, 2024
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By Alena Mae S. Flores – March 1, 2024, 8:00 pm from manilastandard.net The Department of Environment and Natural Resources declared PetroWind Energy Inc. (PWEI) compliant with the environmental laws, rules and regulations for the 13.2-megawatt phase 2 of its […]
March 1, 2024
Published by admin at March 1, 2024
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By Alena Mae S. Flores – February 29, 2024, 9:20 pm from manilastandard.net (Photo from usnc.com) Initial results of a pre-feasibility study conducted by US-based Ultra Safe Nuclear Corp. (USNC) show that one of its proposed sites at Isla del […]
March 1, 2024
Published by admin at March 1, 2024
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By Alena Mae S. Flores – February 29, 2024, 8:35 pm from manilastandard.net First Gen Corp. said Thursday it may not pursue the delivery of its fourth imported liquefied natural gas (LNG) cargo without a firm commitment from Manila Electric […]
March 1, 2024
Published by admin at March 1, 2024
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By Alena Mae S. Flores – February 29, 2024, 8:20 pm from manilastandard.net PXP Energy Corp. said Thursday its core net loss widened to P42.5 million in 2023 from P22 million in 2022 on lower margins from the Galoc operations, […]
February 29, 2024
Published by admin at February 29, 2024
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By Alena Mae S. Flores – February 28, 2024, 8:20 pm from manilastandard.net Integrated energy company Semirara Mining and Power Corp. (SMPC) said Wednesday it posted P27.9 billion in consolidated net income in 2023, a 30-percent decline from P39.9 billion […]
February 29, 2024
Published by admin at February 29, 2024
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By Alena Mae S. Flores – February 28, 2024, 8:10 pm from manilastandard.net Aboitiz Power Corp. will award next month the engineering, procurement and construction (EPC) contracts for subsidiary Therma Visayas Inc.’s planned coal expansion in Toledo, Cebu. “We are […]
February 28, 2024
Published by admin at February 28, 2024
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By Alena Mae S. Flores – February 27, 2024, 8:05 pm from manilastandard.net Power retailer Manila Electric Co. (Meralco) asked the Energy Regulatory Commission (ERC) to act on its joint pleading with First Gen Corp. to allow the recovery of […]
February 28, 2024
Published by admin at February 28, 2024
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By Alena Mae S. Flores – February 27, 2024, 7:45 pm from manilastandard.net ACEN Corp. sent notices to Manila Electric Co. (Meralco) for a change in circumstance (CIC) in its 2019 power supply agreement, seeking to recover about P2.5 billion […]
February 28, 2024
Published by admin at February 28, 2024
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By Alena Mae S. Flores – February 27, 2024, 7:35 pm from manilastandard.net Power retailer Manila Electric Co. (Meralco) said Tuesday said it secured the best bid from Limay Power Inc. through a competitive selection process (CSP) for its 400-megawatt […]
February 27, 2024
Published by admin at February 27, 2024
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By Alena Mae S. Flores – February 26, 2024, 8:45 pm from manilastandard.net Manila Electric Co. (Meralco) said Monday its consolidated core net income (CCNI) grew 37 percent in 2023 to P37.1 billion from P27.1 billion in 2022, led by […]