April 17, 2020

PIPPA rejects force majeure provision in PSAs with DUs and power co-ops

By Lenie Lectura -April 16, 2020 from Business Mirror The Philippine Independent Power Producers Association Inc. (PIPPA) has turned down a proposal for power-generation companies (gencos) to accept a force majeure (FM) provision of their power- supply agreements (PSAs) with […]
April 16, 2020

Solon: Allow staggered payment of electricity bill

By Lenie Lectura -April 15, 2020 from Business Mirror A lawmaker on Wednesday pushed for staggered payments of electricity bills and for the Manila Electric Co. (Meralco) to waive its convenience fee of P47. Senate Energy Committee Chairman Sherwin Gatchalian […]
April 15, 2020

PSALM hikes power capacity of Mindanao co-ops

By Lenie Lectura -April 14, 2020 from Business Mirror THE Power Sector Assets and Liabilities Management Corporation (PSALM) said it has increased the power allocation of two Mindanao electric cooperatives (ECs) to help them provide uninterrupted service for the duration […]
April 14, 2020

PNOC Group remits P7B to support NG efforts vs Covid-19

By Lenie Lectura -April 13, 2020 from Business Mirror THE Philippine National Oil Co. (PNOC) Group has remitted P7 billion to the national government to support efforts to mitigate the impact of the coronavirus disease 2019 (Covid) pandemic. The Department […]