March 22, 2019

First Gen’s recurring net income up 51% to US$243 M in 2018

By Myrna M. Velasco – March 21, 2019, 10:00 PM from Manila Bulletin With brisk sales from its gas-fired power assets, First Gen Corporation logged record-high increase of 51 percent on its recurring net income (RNI) to US$243 million last […]
March 21, 2019

Meralco still batting for P49-B capex approval

By Myrna M. Velasco – March 20, 2019, 10:00 PM from Manila Bulletin With its rolling capital expenditures (capex) just securing partial regulatory approval for P24.2 billion, power utility giant Manila Electric Company (Meralco) said it will continually hope for […]
March 21, 2019

Energy clears 1,000-MW wind, solar plants in Rizal

By Alena Mae S. Flores – March 20, 2019 at 09:15 pm from manilastandard.net The Energy Department approved the conduct of a grid impact study for two large wind projects with a combined capacity of 703 megawatts and a 300-MW […]
March 21, 2019

Govt taps WB instead of China to fund hydropower plant

By Alena Mae S. Flores – March 20, 2019 at 09:05 pm from manilastandard.net The government is now tapping multilateral funding institutions led by the World Bank, instead of China, to support the construction of the 982-megawatt Agus-Pulangi hydro powerplant […]