March 2, 2020

SBPL expected to bring in over P1B to Meralco in 2020

By Lenie Lectura -March 2, 2020 from Business Mirror SAN Buenaventura Power Ltd. Co. (SBPL), a joint venture between the affiliates of Meralco PowerGen Corp. (MGen) and Thailand’s EGCO Group, is expected to contribute over a billion pesos to Meralco […]
March 2, 2020

Razon-led MORE takes over PECO assets; solon seeks Duterte mediation

By Lenie Lectura -March 2, 2020 from Business Mirror RAZON-LED More Electric and Power Corp. (MORE) finally took over the distribution assets of Panay Electric Co. (PECO). MORE Power President and Chief Executive Roel Z. Castro said the Iloilo City […]
March 2, 2020

NEA overshoots new consumer connections target for 2019, energization level at 95%

By Lenie Lectura -March 2, 2020 from Business Mirror The National Electrification Administration (NEA) has registered 586,144  additional consumer connections last year, 27 percent higher than its target of 460,000 for 2019. The new connections resulted in achieving an energization […]
March 1, 2020

GenCos, DOE plot strategy on power supply for summer

By MYRNA M. VELASCO – February 29, 2020, 10:00 PM from Manila Bulletin The country’s power generation companies (GenCos) are closely coordinating with the Department of Energy (DOE) to address power supply dilemmas during the summer months, including the recurrent […]