May 24, 2020

Extended payments to ruin power firms

By Alena Mae S. Flores – May 22, 2020 at 09:10 pm from manilastandard.net The country’s power generators warned Friday that extended payment flexibilities will take a toll on their operations, force them to stop new investments or close shop […]
May 22, 2020

Psalm to borrow P43 billion to pay maturing obligations

By Lenie Lectura – May 22, 2020 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (Psalm) intends to secure a P43-billion loan from the Development Bank of the Philippines (DBP) to pay for its maturing obligations this […]
May 21, 2020

Some coal plants defer shipments due to low power demand

By Myrna M. Velasco – May 20, 2020, 10:00 PM from Manila Bulletin A number of coal plants in the country have been deferring schedules of their coal deliveries because of declining electricity demand, not exactly a case of logistical […]
May 20, 2020

DOE to Meralco: Explain online fee

By By Lenie Lectura & Jovee Marie N. Dela Cruz – May 20, 2020 from Business Mirror The Manila Electric Co. (Meralco) was asked by the Department of Energy (DOE) to explain the rationale behind the collection of the P47 […]