May 4, 2021

House bill seeks to ban cross-ownership in power industry

By Gillian M. Cortez – May 2, 2021 | 7:13 pm from Business World HOUSE LEGISLATORS have filed a bill that will ban cross-ownership in the power sector to deter monopolies and anti-competitive behavior in the energy industry. In a […]
May 3, 2021

Malampaya revenues top $11.9B

By Myrna M. Velasco – May 3, 2021, 7:00 AM from Manila Bulletin The revenues yielded by the country’s Malampaya gas production facility already topped $11.9 billion (equivalent to P573 billion at prevailing peso-dollar exchange rate) with the national government […]
May 3, 2021

Meralco rate to go up in May billing

By Myrna M. Velasco – May 3, 2021, 6:30 AM from Manila Bulletin As weather temperatures rise, so as the electricity rates that consumers will be paying in their May billing cycle. Power utility giant Manila Electric Company (Meralco) indicated […]
May 3, 2021

Bulacan solar plant set to start operations

By Alena Mae S. Flores – May 02, 2021 at 07:25 pm from manilastandard.net Meralco PowerGen Corp., which acquired a majority take in PowerSource First Bulacan Solar Inc., will start the commercial operations of its 50-megawatt solar project in Bulacan […]