February 13, 2017

PSALM debt payments hit P84.86B in 2016

By Lenie Lectura – February 12, 2017 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) said it has paid off P84.86 billion worth of debts, bringing down the state firm’s obligations to P506.34 billion. “Payments made in […]
February 13, 2017

Emission results of SBC Global Power’s Bataan plant ‘way below’ govt, WB standard limits

By Lenie Lectura – February 12, 2017 from Business Mirror THE first 150-megawatt (MW) unit of SMC Global Power’s coal power plant in Limay, Bataan, yielded emission results that were “way, way below” government and World Bank standard limits. The power-generation subsidiary of […]
February 11, 2017

Meralco billings up by over P200

by Alena Mae S. Flores – February 10, 2017 at 08:39 pm from Manila Standard Today Manila Electric Co. said Friday electricity rates of a typical household will increase by P0.92 per kilowatt-hour in February and March, one of the biggest rate increases […]
February 10, 2017

Meralco wants to collect extra P0.30/kWh from March to May

By Lenie Lectura – February 9, 2017 from Business Mirror THE Manila Electric Co. (Meralco) proposed to collect from its customers an additional P0.30 per kilowatt-hour (kWh) in generation charge for three months starting in March. Meralco said it wants to recoup some […]