January 28, 2019

NGCP defers IPO

By Lenie Lectura – January 28, 2019 from Business Mirror THE National Grid Corp. of the Philippines (NGCP) is seeking deferment of the public offering of its shares. The NGCP is required to comply with the statutory requirement to make […]
January 25, 2019

DOE chief pushes amendment to PNOC chapter

By Lenie Lectura – January 25, 2019 from Business Mirror ENERGY Secretary Alfonso Cusi is strongly pushing for the amendment of the Philippine National Oil Co.’s (PNOC) charter so the state firm can perform its mandate. “I already submitted the […]
January 24, 2019

Palawan hybrid-power facility set to start commercial operation in Q2

By Lenie Lectura – January 24, 2019 from Business Mirror THE planned hybrid-power facility in Palawan, which combines a 1.4-megawatt peak solar photovoltaic (PV) plant with a 2.3-megawatt-per-hour battery storage system and 1.2-MW diesel generators will be ready for commercial […]
January 23, 2019

PSALM settles P78.66-B obligation by end of 2018

By Lenie Lectura – January 23, 2019 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) trimmed its financial liabilities by P78 billion last year. In 2018, the state firm settled a total of P78.66 billion for […]