June 20, 2018

NGCP: Grid operations plans thwarted power-outage incidents this summer

By Lenie Lectura – June 19, 2018 from Business Mirror THE National Grid Corp. of the Philippines (NGCP) said on Tuesday its grid operations and maintenance plan helped thwart power-outage incidents during summer months even when actual peak demand exceeded forecast. “Thanks […]
June 19, 2018

First Gen embarks onP10-B buy-back program for preferred shares

By Myrna M. Velasco – June 18, 2018, 10:00 PM from Manila Bulletin As part of its financial de-leveraging strategy, First Gen Corporation is embarking on a two-year share buy-back program that will cover up to P10 billion of the […]
June 19, 2018

Cusi seeks audit of P75-B energy subsidy fund

By Myrna M. Velasco – June 18, 2018, 10:00 PM from Manila Bulletin Energy Secretary Alfonso G. Cusi is proposing an audit of the P74.883 billion worth of collections on universal charge for missionary electrification (UCME), as he noted that […]
June 19, 2018

Ombusman ruling to derail power projects

By Alena Mae S. Flores – June 18, 2018 at 07:55 pm from manilastandard.net The new three-month suspension of the four commissioners of the Energy Regulatory Commission by the Office of the Ombudsman could derail future power projects. “That’s a […]