May 19, 2020
Published by admin at May 19, 2020
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Quarantine grace periods weaken power firms’ finances as demand picks up

May 17, 2020 | 9:39 pm from Business World PIXABAY / JOHANNES PLENIO   THE quarantine grace periods on electricity bills have weakened the power industry’s finances even with power demand surging in the residential segment and as usage normalizes […]
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May 18, 2020
Published by admin at May 18, 2020
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DOE insists on FGen’s original LNG project completion

By Myrna M. Velasco – May 17, 2020, 10:00 PM from Manila Bulletin The First Gen Corporation (FGen) has been urged to fast-track its floating storage regasification unit (FSRU) and complete it within the term of the Duterte administration. Energy […]
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May 18, 2020
Published by admin at May 18, 2020
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SPC Power declares ₱598-M cash dividend

By Myrna M. Velasco – Updated May 16, 2020, 7:37 PM from Manila Bulletin Listed firm SPC Power Corporation had declared cash dividends to shareholders amounting to ₱0.40 per share or a total of ₱598.6 million, out of the net […]
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May 18, 2020
Published by admin at May 18, 2020
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Meralco announces lower power rates in May

By Manila Standard Business – May 16, 2020 at 10:13 am Manila Electric Company (Meralco) announced a P0.25-per-kilowatt hour (kWh) reduction in power rates in May. “The downward adjustment this month equates to P50 in total savings for a typical […]
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