August 28, 2024

SMC, Aboitiz units submit ‘best bids’ for 600-MW Meralco supply

By Alena Mae S. Flores – August 27, 2024, 8:20 pm from manilastandard.net Masinloc Power Co. Ltd. (MPCL) of San Miguel Corp. and GNPower Dinginin Ltd. Co. (GNPD) of Aboitiz Power Corp. offered the “possible best bids” for Manila Electric […]
August 28, 2024

SPC Power signs deal to sell stake in BLCI to Prime electric

By Alena Mae S. Flores – August 27, 2024, 7:30 pm from manilastandard.net SPC Power Corp. executed a share purchase agreement for the sale of its 39.9-percent interest in Bohol Light Co. Inc. to businessman Enrique Razon Jr.’s Primelectric Holdings […]
August 27, 2024

First Gen eyeing income boost this year with add’l revenues from geothermal assets

BY Myrna M. Velasco – Aug 26, 2024 02:11 PM from Manila Bulletin At a glance The latest project of its subsidiary Energy Development Corporation (EDC) that reached commercial operations in July had been its 28.9MW Palayan binary geothermal facility […]
August 27, 2024

ERC clarifies ‘longstop date’ in PSAs

By Lenie Lectura – August 27, 2024 from Business Mirror The Energy Regulatory Commission (ERC) has cautioned power generation companies against seeking for a termination of their power supply agreement (PSA) earlier than the prescribed period stated under relevant laws […]