March 3, 2021

MPIC readies foray into gas business

By Lorenz S. Marasigan – March 3, 2021 from Business Mirror   Infrastructure conglomerate Metro Pacific Investments Corp. (MPIC) plans to create synergies in its power companies through its foray into the gas business, which means the group will set […]
March 3, 2021

Meralco power unit plans investment shift to LNG

By Myrna M. Velasco – March 3, 2021, 6:00 AM from Manila Bulletin Meralco PowerGen Corporation, the power investment arm of Manila Electric Company (Meralco), is seriously weighing options to shift investment plans into setting up liquefied natural gas (LNG) […]
March 3, 2021

NEA to ask Budget dep’t for P16.76 billion until 2026 to fund remaining sitio electrification

By Angelica Y. Yang – March 2, 2021 | 7:55 pm from Business World PHILSTAR THE National Electrification Administration (NEA) said Monday that it will be seeking P16.76 billion worth of additional funding from the Department of Budget and Management […]
March 2, 2021

Plunge in electricity demand cuts Meralco profits in 2020

By Lorenz S. Marasigan – March 2, 2021 from Business Mirror Power lines run beside a sign for the Manila Electric Co. (Meralco) Makati branch in Manila, the Philippines, on Monday, March 23, 2009. Manila Electric Co. is the largest […]