April 24, 2020

Electricity spot-market rate falls in March due to ECQ

By Lenie Lectura -April 23, 2020 from Business Mirror Independent Electricity Market Operator of the Philippines Inc. (IEMOP) reported Thursday that spot market prices last month dropped to P2.47 per kilowatt hour (kWh), from P3.45/kWh in February, mainly due to […]
April 22, 2020

IRR of law reducing cost of electricity signed

By BusinessMirror -April 21, 2020 The Department of Energy (DOE) and the Department of Finance (DOF) have signed the implementing rules and regulations (IRR) for the Murang Kuryente Act (MKA), which mandates cheaper electricity. The IRR for the MKA is […]
April 21, 2020

AC Energy expects to post profit this year

By Lenie Lectura -April 21, 2020 from Business Mirror AC Energy Philippines (ACEPH), the power arm of conglomerate Ayala Corp., is expected to post profit this year despite the low demand for power caused by the coronavirus disease 2019 (Covid-19) […]
April 17, 2020

SMC, NGCP hike aid to fight virus

By VG Cabuag,  Lenie Lectura -April 16, 2020 from Business Mirror Conglomerate San Miguel Corp. (SMC) on Thursday said its donation to fight the spread of the coronavirus disease 2019 (Covid-19) reached P947.7 million, as the company said it continues […]