July 17, 2019

PSALM sends 14 firms final demand for P1.9-billion payment

By Rea Cu – July 17, 2019 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (Psalm) has sent out final letters of demand for payment to 14 firms with overdue obligations totaling P1.931 billion. In a statement […]
July 16, 2019

Meralco solicits bids in 2nd competitive selection round

By Lenie Lectura – July 16, 2019 from Business Mirror THE Manila Electric Co. (Meralco) is again soliciting bids for its power requirements, another 1,200 megawatts (MW) of capacity, via a Competitive Selection Process (CSP). This is Meralco’s second published […]
July 15, 2019

Meralco starts competitive selection for power needs

By Lenie Lectura – July 15, 2019 from Business Mirror THE Manila Electric Co. (Meralco) has started conducting a competitive selection process of its power requirements following a Supreme Court decision that required all power-supply agreements (PSAs) forged after June […]
July 12, 2019

Win: Minpocor creation may be in breach of Epira, needs review

By Lenie Lectura – July 12, 2019 from Business Mirror THE proposed creation of the Mindanao Power Corp. (Minpocor) must undergo an extensive review because the law prohibits the government from owning a power plant, Senate Energy Committee Chairman Sherwin […]