April 29, 2020

Viewpoint: Meralco asks DOE to delay bidding for 1,800-MW supply

By Lenie Lectura -April 28, 2020 from Business Mirror THE Manila Electric Company (Meralco) is asking the Department of Energy (DOE) to delay the conduct of a competitive auction for 1,800 megawatts (MW) of power capacity requirement. Meralco President Ray […]
April 28, 2020

LNG investment pulls down Meralco net income in Q1

By BusinessMirror -April 27, 2020 THE Manila Electric Company (Meralco) reported a 54-percent drop in reported net income to P2.61 billion in the first quarter of the year as it recognized an impairment of its liquefied natural gas (LNG) investment […]
April 27, 2020

EDC program aids communities

By Rizal Raoul Reyes -April 27, 2020 from Business Mirror Lopez-led Energy Development Corp. (EDC) said is addressing the the livelihood and environmental concerns of local communities via its 30-year-old Baslay coffee program. Allan Barcena, head of EDC’s corporate social […]
April 24, 2020

PSALM remits P46.07 million to 6 local governments

By Lenie Lectura -April 23, 2020 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) said it has remitted SNW (Share in National Wealth) benefits amounting to P46.07 million to six local government units (LGUs). PSALM directly […]