August 1, 2019

AboitizPower’s net income down 5% in H1

By Lenie Lectura – August 1, 2019 from Business Mirror ABOITIZ Power Corp. (AboitizPower) reported a 5-percent drop in net income at end-June mainly on account of higher volume and cost of purchased power during the six-month period when the […]
August 1, 2019

NGCP seeks ERC’s nod to bill Luzon customers P10.64 million

By Lenie Lectura – August 1, 2019 from Business Mirror THE National Grid Corp. of the Philippines (NGCP) is seeking regulators’ approval to recover P10.646 million in expenditures it incurred after Tropical Depression Josie struck Luzon last year. The NGCP […]
July 31, 2019

ERC blocks bid of Transco, Psalm to intervene in NGCP’s IPO delay

By Lenie Lectura – July 31, 2019 from Business Mirror THE National Transmission Corp. (Transco) and the Power Sector Assets and Liabilities Management Corp. (PSALM) were not allowed by the Energy Regulatory Commission (ERC) to intervene in the petition for […]
July 31, 2019

MGreen seen to seal RE deals to beef up portfolio by 350 MW

By Lenie Lectura – July 31, 2019 from Business Mirror MGEN Renewable Energy Inc. (MGreen), a wholly owned subsidiary of Meralco PowerGen Corp. (MGen), is expected this year to seal deals in renewable energy (RE) that will beef up its […]