March 19, 2020

First Gen net income rose 34% in 2019

By Lenie Lectura -March 19, 2020 from Business Mirror First Gen Corp. posted P15.4 billion in net income last year, up 34 percent from P11.6 billion recorded in 2018, mainly on account of higher electricity sales. The company said on […]
March 17, 2020

Power players must submit plans to DOE on ensuring supply

By Lenie Lectura -March 17, 2020 from Business Mirror POWER industry stakeholders were directed to submit to the Department of Energy (DOE) their respective Business Continuity Plans (BCP), which outlines their strategies in ensuring power supply availability in the country. […]
March 13, 2020

ERC on MORE-Peco: We respect court process, but keep sole jurisdiction on DUs

By Lenie Lectura – March 13, 2020 from Business Mirror THE Energy Regulatory Commission (ERC) on Thursday said it respects pending court cases between More Electric and Power Corp. (MORE Power) and Panay Electric Co. (Peco), but maintained that it […]
March 13, 2020

NGCP assesses Covid-19 impact on projects, operations

By Lenie Lectura – March 13, 2020 from Business Mirror THE National Grid Corporation of the Philippines (NGCP) is currently assessing the impact of Covid-19 on the implementation of its projects across the country. In fact, the grid operator said […]