July 7, 2017

Meralco denies ‘midnight power deals’ with ERC

By Marc Jayson Cayabyab – July 04, 2017 07:11 PM from Philippine Daily Inquirer The Manila Electric Company (Meralco) on Tuesday denied allegations that it obtained favored power supply deals from the Energy Regulatory Commission (ERC) which was accused of granting “midnight deals” to the […]
July 7, 2017

Meralco defends 7 power supply deals as above board

By Myrna M. Velasco – July 4, 2017, 10:01 PM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) has defended itself before a Congressional hearing  yesterday that the seven power supply agreements (PSAs) it entered into without the benefit […]
July 7, 2017

Slight power-rate increase likely this month–Meralco

By Lenie Lectura – July 6, 2017 from Business Mirror OVERALL power rates for July are expected to remain flattish to a single-digit increase, the Manila Electric Co. (Meralco) said on Thursday. Meralco is expected to release its July electricity rates on Friday. As […]
July 6, 2017

DOE approves Citicore’s five hydropower service contracts totaling 2,300 megawatts

By  Lenie Lectura – July 5, 2017 from Business Mirror THE Department of Energy (DOE) has awarded Citicore Power Inc. (CPI) five service contracts for its pumped-storage hydropower projects with a total capacity of 2,300 megawatts (MW). The company said on Wednesday it received the contracts […]