December 22, 2020

First Gen: 3 firms advance to next stage of FSRU tender

By VG Cabuag – December 22, 2020 from Business Mirror File photo: First Gen’s natural gas power plants in Batangas Lopez-led First Gen Corp. on Monday said it will accelerate the introduction of liquefied natural gas (LNG) in the country […]
December 22, 2020

M2DC buys stake in Basic Energy

By VG Cabuag – December 22, 2020 from Business Mirror MAP 2000 Development Corp. (M2DC) is acquiring a majority stake in Basic Energy Corp., the energy company led by the De Venecia Group. In its disclosure, a memorandum of agreement […]
December 18, 2020

NGCP completes Mindanao backbone project

By Lenie Lectura – December 18, 2020 from Business Mirror THE National Grid Corporation of the Philippines (NGCP) has energized the Toril-Bunawan 230 kilovolt (kV) transmission line, the final component of its Mindanao 230 kiloVolt (kV) backbone project. Energization of […]
December 18, 2020

Bidders air concerns on Meralco CSP

By Lenie Lectura – December 18, 2020 from Business Mirror Interested bidders for the upcoming Competitive Selection Process (CSP) to supply the Manila Electric Co. (Meralco) 1,800 megawatts (MW) of power convened late Thursday to discuss their concerns. “There were […]