May 5, 2020

More Asian banks seen avoiding coal projects

By Lenie Lectura – May 5, 2020 from Business Mirror More financial institutions in Asia are likely to end their support for coal power projects after Japan’s two largest institutional banks recently announced that they would stop financing new coal-fired […]
May 4, 2020

Meralco cuts 2020 network capital expenditure to ₧9.34B

By Lenie Lectura – May 4, 2020 from Business Mirror The Manila Electric Co. (Meralco) has reduced its network capital expenditure (capex) to P9.34 billion this year, from P17.84 billion, as various projects were stalled by the enhanced community quarantine […]
May 1, 2020

AboitizPower records lower income in January-March

By Lenie Lectura – May 1, 2020 from Business Mirror Aboitiz Power Corp. posted a lower income at end-March this year, mainly due to tax payments, interest expense and power plant outage incidents. From January to March this year, the […]
April 30, 2020

MGen gets OK to resume work on Bulacan solar power project

By Lenie Lectura – April 29, 2020 from Business Mirror The Meralco PowerGen Corp. (MGen) has been cleared by the local government to partially resume work on its P4.25-billion solar power project in Bulacan. “We have been given partial authority […]