May 12, 2020

Semirara income falls 43% to P1.2 B

By Myrna M. Velasco – May 11, 2020, 10:00 PM from Manila Bulletin With the combined effect of reduced coal sales and cheaper energy prices, the net income after tax (NIAT) of Consunji-led Semirara Mining and Power Corporation (SMPC) had […]
May 11, 2020

Meralco explains outages; assures public supply’s ok

By Lenie Lectura – May 11, 2020 from Business Mirror Meralco linemen wearing makeshift face masks get ready to do repair work in Manila. The National Capital Region has been experiencing some power interruptions in the midst of total lockdowns. […]
May 11, 2020

Psalm adjusts anew payment deadlines

By Jordeene B. Lagare – May 11, 2020 from The Manila Times THE Power Sector Assets and Liabilities Management Corp. (Psalm) is extending anew the grace period to settle dues with the state-run corporation for the duration of the extended […]
May 11, 2020

EC foundation gives P12.1M for Pantawid Program

By Jordeene B. Lagare – May 11, 2020 from The Manila Times THE One EC Network Foundation, Inc. (OECNF) has pledged P12.1 million to all 121 electric cooperatives (ECs) nationwide for a subsidy program designed for customers in rural areas. […]