January 20, 2021

Extended ‘lifeline’ power subsidy for poor passes on 3rd reading in Senate

By Charmaine A. Tadalan – January 18, 2021 | 8:04 pm from Business World A MEASURE extending until 2031, the lifeline power rate subsidy granted to low-income households was approved in the Senate on third and final reading Monday. With […]
January 19, 2021

Meralco to relax disconnection rule, but Hontiveros wants ‘surcharges’ reviewed

By Butch Fernandez – January 19, 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 Philippine […]
January 19, 2021

Geothermal investors seek ‘risk insurance perks’ for new projects

By Myrna M. Velasco – January 19, 2021, 7:00 AM from Manila Bulletin Geothermal investors in the country are batting for ‘insurance-type of incentives’ or ‘mitigation fund’ that seeks the “sharing of cost-risks” with the government, so investments in the […]
January 19, 2021

PSALM secures P202-M prepayment from Sorsogon electric cooperative

By Myrna M. Velasco – January 19, 2021, 8:00 AM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has cornered prepayment of P202.106 million from Sorsogon I Electric Cooperative (SORECO I), as part of the restructuring […]