March 1, 2017

GenCos alarmed by SC’s TRO on power retail competition

By Myrna M. Velasco – February 28, 2017, 10:00 PM from Manila Bulletin Power generation companies (GenCos) have been spooked and are seriously alarmed over implications on future investments of the recent temporary restraining order (TRO) from the Supreme Court that […]
March 1, 2017

NPC posts P1.6-B net income in 2016

By Myrna M. Velasco – February 28, 2017, 10:01 PM from Manila Bulletin The net income of state-run National Power Corporation (NPC) was still at considerably healthy balance in 2016 at P1.6 billion, although there was a dip from the year-ago […]
February 27, 2017

DOE wants to convert Malaya thermal plant into LNG facility

By Lenie Lectura – February 26, 2017 from Business Mirror The Department of Energy (DOE) said the winning bidder of the 650-megawatt (MW) Malaya Thermal Power Plant Complex (MTPP) should convert the power asset into a liquefied natural-gas (LNG) facility. “Part of the […]
February 27, 2017

DOE, SMPC pact to cut power rates in Mindoro

By Lenie Lectura – February 26, 2017 from Business Mirror<br The Department of Energy (DOE) and the Consunji-led Semirara Mining and Power Corp. (SMPC) are set to sign a memorandum of agreement (MOA) aimed at bringing down the cost of generating electricity in […]