February 15, 2017

NGCP justifies recent P0.15/kWh power-transmission charge hike

By Lenie Lectura – February 14, 2017 from Business Mirror The National Grid Corp. (NGCP) on Tuesday shed light to the P0.15-per-kilowatt- hour (kWh) increase in transmission charge collected by the Manila Electric Co.  (Meralco) from its customers in their March […]
February 15, 2017

GBPC wants government to issue investment guide for power-plant operators, owners

By Lenie Lectura – February 14, 2017 from Business Mirror GLOBAL Business Power Corp. (GBPC) urged the government to issue a more defined policy that will guide power-plant operators and owners regarding their investment plans in the years to come. “We […]
February 14, 2017

Palawan SPUG plants get major boost from NPC

By Lenie Lectura – February 13, 2017 from Business Mirror The National Power Corp. (Napocor) will energize eight new Small Power Utilities Group (SPUG) power plants that will supply electricity to around 6,000 households in Palawan. In a memorandum of agreement […]
February 13, 2017

PSALM debt payments hit P84.86B in 2016

By Lenie Lectura – February 12, 2017 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) said it has paid off P84.86 billion worth of debts, bringing down the state firm’s obligations to P506.34 billion. “Payments made in […]