August 23, 2018

Construction of SBPL coal plant is 90% complete

By Lenie Lectura – August 22, 2018 from Business Mirror THE construction of the country’s first coal-fired power plant to use supercritical technology is 90-percent complete. “SBPL (San Buenaventura Power Ltd.) is on its 31st month of EPC (engineering, procurement […]
August 17, 2018

PSALM to rebid Malaya thermal power plant’s service contract

By Lenie Lectura – August 16, 2018 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) will rebid the Operation and Maintenance Service Contract (OMSC) for its Malaya thermal-power plant (TPP) after it declared the previous auction […]
August 16, 2018

Phinma Energy posts P76.4-million net loss

By Lenie Lectura – August 15, 2018 from Business Mirror PHINMA Energy Corp. posted a net loss of P76.40 million in the first half of the year, a reversal from the P298.17-million net income it posted in the same period […]
August 15, 2018

First Gen H1 net income up 35% to P6.11 billion

By Lenie Lectura – August 14, 2018 from Business Mirror THE Lopez-led First Gen Corp. (First Gen) on Tuesday posted a 35-percent increase in net income of $115 million (P6.11 billion) from $85 million (P4.516 billion) recorded in the same period last […]