May 9, 2018

EDC Q1 earnings dropped 54% to P1.5B

By Lenie Lectura – May 8, 2018 from Business Mirror THE Energy Development Corp. (EDC) vowed to increase the efficiency and reliability of its assets after the company reported a 54-percent drop in first-quarter earnings on Tuesday. Net income for the […]
May 8, 2018

Semirara Mining top exec sees 20% drop in power output in January-March 2018

By Lenie Lectura – May 7, 2018 from Business Mirror SEMIRARA Mining and Power Corp. (SMPC) sees a decline in energy output in the first quarter of the year, mainly on account of plant-outage incidents. “I don’t know exactly how […]
May 3, 2018

Delays hit supercritical coal power plant

By Lenie Lectura – May 2, 2018 from Business Mirror THE construction of the country’s first coal-fired power plant to use supercritical technology has been stalled by a few months, an official of Meralco PowerGen Corp. (MGen) said. San Buenaventura […]
May 2, 2018

Meralco: Subjecting PSAs with power producers ‘unfair’

By Lenie Lectura – May 1, 2018 from Business Mirror A GOVERNMENT proposal to subject to “Swiss challenge” the pending power-supply agreements (PSAs) between the Manila Electric Co. (Meralco) and power producers is unfair, a Meralco official said. “I think […]