July 6, 2019

SMC Global allowed to sell $300-M securities

By Jordeene B. Lagare – July 05, 2019 from The Manila Times SMC Global Power Holdings Corp. has secured the Singapore Stock Exchange’s go-signal to sell additional senior perpetual capital securities worth $300 million beginning this month. In a July […]
July 5, 2019

Meralco ordered to refund P0.0731/kWh to customers

By Myrna M. Velasco – July 4, 2019, 6:41 PM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) has been ordered to refund P0.0731 per kilowatt hour (kWh) to its customers in this July billing cycle — with […]
July 5, 2019

Power distributors ordered to refund regulatory reset cost

By Alena Mae S. Flores – July 04, 2019 from manilastandard.net The Energy Regulatory Commission ordered all privately-owned electric distribution utilities to refund the so-called regulatory reset cost, with corresponding interest, to power consumers. It said the one-time refund should […]
July 5, 2019

Psalm eyes CBKHPP, Casecnan hydro power plants as the next in line to privatize

By Lenie Lectura – July 5, 2019 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) has set its sights on Caliraya-Botocan-Kalayaan Hydroelectric Power Plant (CBKHPP) and Casecnan multipurpose hydropower plant as the next power assets to be […]