August 6, 2018

NGCP completes rehab of Luzon transmission lines hit by TD Josie

By Lenie Lectura – August 5, 2018 from Business Mirror THE National Grid Corp. of the Philippines (NGCP) has completed the restoration of transmission lines in Luzon affected by both Tropical Depression Josie and the southwest monsoon. The grid operator […]
August 3, 2018

PSALM seeking govt okay to pass to consumers stranded debts, costs of NPC

By Lenie Lectura – August 2, 2018 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) is seeking regulatory approval to pass on to end-users the stranded debts (SD) of the National Power Corp. (NPC) amounting to P11.8 […]
August 2, 2018

AEV H1 net income tops P10 billion, but 2 percent lower than in 2017

By Lenie Lectura – August 1, 2018 from Business Mirror ABOITIZ Equity Ventures Inc. (AEV) said its net income for the first half of 2018 stood at P10.1 billion, 2 percent lower than the P10.3 billion recorded last year. The […]
August 2, 2018

Solar PHL ready to supply Meralco 50 MW of solar power

By Lenie Lectura – August 1, 2018 from Business Mirror SOLAR PHILIPPINES has offered to supply the Manila Electric Co. (Meralco) 50 megawatts (MW) of solar power for P2.34 per kilowatt-hour (kWh), the lowest rate so far for solar energy. Solar Philippines President […]