May 7, 2019

COA orders PSALM to pay Sem-Calaca Power P477 million

By Lenie Lectura – May 7, 2019 from Business Mirror THE Commission on Audit (COA) has ruled in favor of Consunji-led Sem-Calaca Power Corp. (SCPC), which demanded payment from the Power Sector Assets and Liabilities Management Corp. (PSALM) in the amount of […]
May 7, 2019

ERC meeting energy players on PSA ruling

By Lenie Lectura – May 7, 2019 from Business Mirror Workers connect electricity cables to a transmission pole. (Bloomberg)   Last updated on May 7th, 2019 at 12:24 am The Energy Regulatory Commission (ERC) will convene industry stakeholders this week to […]
May 7, 2019

In blow to Meralco, SC orders competitive bids for power-supply deals

By Joel R. San Juan – May 7, 2019 from Business Mirror A lineman from Meralco checks on electric cables in San Andres, Manila, in this 2018 BusinessMirror file photo. Meralco, the country’s biggest distribution utility (DU), has been greatly […]
May 6, 2019

3 power companies ask ERC to approve emergency PSAs

By Lenie Lectura – May 6, 2019 from Business Mirror THE Manila Electric Co. (Meralco), Millennium Energy Inc. (MEI) and Therma Mobile Inc. (TMO) are asking regulators to approve their applications for emergency power-supply agreements (PSAs) to avert rotational power […]