January 14, 2019

PSALM to sell MTPP land in Paco, Manila

By Lenie Lectura – January 14, 2019 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) has decided to sell the Manila Thermal Power Plant (MTPP) land via a negotiated scheme. The state firm said last Friday […]
January 14, 2019

RP Energy cancels contract for coal-fired plant in Subic

By Lenie Lectura – January 14, 2019 from Business Mirror REDONDO Peninsula (RP) Energy Inc., a partnership among the Manila Electric Co. (Meralco), Aboitiz Power Corp. and Taiwan Cogeneration Corp. through their respective subsidiaries, has canceled the limited notice to proceed issued […]
January 10, 2019

MGI secures COC extension for Batangas Maibarara station

By Lenie Lectura – January 10, 2019 from Business Mirror MAIBARARA Geothermal Inc. (MGI) has secured an extension of a Certificate of Compliance (COC) for its 20-megawatt (MW) Maibarara-1 power station in Santo Tomas, Batangas. It said Wednesday that its application for the […]
January 9, 2019

Dennison makes P40.29-million down payment to PXP

By Lenie Lectura – January 9, 2019 from Business Mirror DENNIS Uy’s Dennison Holdings Corp. made a P40.29-million down payment to PXP Energy Corp. pursuant to their amended subscription agreement signed last December. On Tuesday, PXP informed the stock exchange […]