May 15, 2018
Published by admin at May 15, 2018
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First Gen to cut debts by $500 M this year

By Myrna M. Velasco – May 14, 2018, 10:00 PM from Manila Bulletin Lopez-owned First Gen Corporation will be reducing the level of debts on its balance sheet by a scale of $500 million this year, a key company executive […]
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May 15, 2018
Published by admin at May 15, 2018
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DOE sets seamless power supply connection of industries

By Myrna M. Velasco – May 14, 2018, 10:01 PM from Manila Bulletin The Department of Energy (DOE) is enforcing a stringent timeline of 65 days to approve the applications of customers seeking direct connection to the power grid, primarily […]
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May 15, 2018
Published by admin at May 15, 2018
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Govt puts on hold First Gen’s other hydropower projects

By Lenie Lectura – May 14, 2018 from Business Mirror FIRST Gen Corp.’s other hydropower projects are put on hold until the government issues clear cut-rules on feed-in-tariff (FiT), an incentive in the form of guaranteed power rate given to […]
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May 15, 2018
Published by admin at May 15, 2018
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Meralco contracted only 50MW more power till June

By Lenie Lectura – May 14, 2018 from Business Mirror THE Manila Electric Co. (Meralco) has contracted “less than 50 megawatts [MW]” of additional power-generation capacity up to June this year. “We contracted interim power-supply agreements [Ipsa]. The total capacity […]
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