March 12, 2020

Gencos must sked plant outages for 3 years

By Lenie Lectura – March 12, 2020 from Business Mirror ENERGY Secretary Alfonso Cusi has signed a department circular that requires all power generation companies to submit the schedule of their plant outages for three years. “All generating companies shall […]
March 12, 2020

NEA extends P51.6-million calamity loans to 6 co-ops hit by ‘Tisoy’

By Lenie Lectura – March 12, 2020 from Business Mirror THE National Electrification Administration (NEA) released in February this year an additional P51.596 million in calamity loans to six electric cooperatives (ECs) operating in Mimaropa, Bicol and Eastern Visayas regions. Latest data […]
March 11, 2020

EPIRA bars D.O.E., TransCo from auditing us–NGCP

By Lenie Lectura -March 11, 2020 from Business Mirror THE National Grid Corp. of the Philippines (NGCP) said Tuesday that it would not agree to the proposed comprehensive system operations audit to be conducted by the Department of Energy (DOE) […]
March 11, 2020

SMC offers to pay PSALM P23-billion capacity fees, in advance

By Lenie Lectura -March 11, 2020 from Business Mirror SAN Miguel Corp. (SMC) chief Ramon S. Ang on Tuesday offered to pay the government in advance a whopping P22.68 billion worth of capacity fees to the Power Sector Assets and Liabilities […]