October 28, 2020

Meralco sets P50-B capex for generation, distribution investments

By Myrna M. Velasco – October 28, 2020, 6:00 AM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) will inject P50 billion worth of capital expenditures (capex) for the expansion of its distribution network as well as power […]
October 28, 2020

PSALM issues final demand payment for P671 M to 2 errant firms — DOF

By Chino S. Leyco – October 28, 2020, 6:00 AM from Manila Bulletin The Power Sector Assets and Liabilities Management Corp. (PSALM) has sent out final letters of demand for payment to two companies with long overdue obligations with the government, […]
October 28, 2020

Meralco rates at their lowest level in years

By Alena Mae S. Flores – October 27, 2020 at 07:28 pm from manilastandard.ne Power retailer Manila Electric Co. said Tuesday retail rates in the first nine months marked their lowest level in years. “In fact, at around P8 per […]
October 27, 2020

MVP Group, JP Morgan in talks for 45% SPEx stake

By Lenie Lectura – October 26, 2020 from Business Mirror Malampaya gas field in offshore Palawan. File photo THE group of Manuel V. Pangilinan is in talks with JP Morgan to assist the group in its interest to buy the […]