December 4, 2019

PSALM wants to debit Malaya’s operating cost from P4.4-billion MBP to attract investors

By Lenie Lectura -December 4, 2019 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) is asking the Commission on Audit (COA) to allow it to deduct the operating cost of the 650-megawatt (MW) Malaya Thermal Power […]
December 3, 2019

DOE rejects PXP Energy’s unsolicited bid for Malampaya Integrated Gas Hub

By Lenie Lectura -December 3, 2019 from Business Mirror Malampaya Phase 2-3 THE Department of Energy (DOE) has turned down PXP Energy Corp.’s unsolicited proposal to develop and utilize an integrated gas hub at the site of the Malampaya project in […]
November 30, 2019

Power plant woes trim 5,000 MW off Luzon

By Lenie Lectura -November 29, 2019 from Business Mirror A lineman from Meralco checks on electric cables in San Andres, Manila, in this BusinessMirror file photo. OVER 5,000 megawatts (MW) was shaved off from the Luzon grid Thursday because a […]
November 29, 2019

Vivant units to buy shares from JV firm

By Lenie Lectura -November 29, 2019 from Business Mirror Vivant Corp.’s two subsidiaries are buying more shares in ET-Vivant Solar Corp., the listed firm told the exchange on Thursday. The company said Vivant Energy Corp. (Vivant Energy) executed a deed […]