April 3, 2019

With another round of ‘yellow alert’, caution raised on power rate spikes

By Myrna Velasco – April 2, 2019, 3:47 PM from Manila Bulletin With another batch of ‘yellow alert’ or deficient power reserve declaration this week, alarm bells are being raised that price spikes will be the next financial torment that […]
April 3, 2019

First Gen obtains approval to raise capital to P11.6b

By Alena Mae S. Flores – April 02, 2019 from manilastandard.net The Securities and Exchange Commission approved an increase in the capital stock of First Gen Corp. to P11.6 billion from P8.6 billion through the creation of 300 million Series […]
April 2, 2019

Enrile vows to lower cost of electricity

By Bernadette E. Tamayo – March 27, 2019 from The Manila Times FORMER Senate president Juan Ponce Enrile has pledged to push for a law lowering electricity rates by amending the Energy Power Industry Reform Act (Epira) if he wins in […]
April 2, 2019

Meralco eyes Thai firm partner for Atimonan project

By Myrna M. Velasco – April 1, 2019, 10:59 AM from Manila Bulletin The final choice on Manila Electric Company’s (Meralco) prospective partner for the 1,200-megawatt Atimonan coal-fired power project is a Thai company, with the Southeast Asian energy player […]