November 11, 2022

NGCP fined P5.1 million over failure to maintain adequate reserve power

By Ashley Erika O. Jose – November 8, 2022 | 8:21 pm from Business World NGCP.PH THE Energy Regulatory Commission (ERC) said it levied a P5.1-million fine on the National Grid Corp. of the Philippines (NGCP), citing its failure to […]
November 8, 2022

SMC Global Power accepts $123.9-million tender offers for securities

By Alena Mae S. Flores – November 7, 2022, 7:55 pm from manilastandard.net San Miguel Corp. said Monday power unit SMC Global Power Holdings Corp. accepted all valid tender offers of securities from security holders representing a total of $123.934 […]
November 8, 2022

NPC seeks support of Congress to sustain operations of 278 power plants

By Alena Mae S. Flores November 7, 2022, 7:40 pm from manilastandard.net State-owned National Power Corp. is seeking the support of Congress to augment its 2023 budget to ensure it can sustain the operations of 278 power plants under the […]
November 8, 2022

Marginalized households to continue enjoying subsidized power rates

By Alena Mae S. Flores November 7, 2022, 7:30 pm from manilastandard.net The government’s lifeline subsidy program provided an average monthly subsidy of P541 million to almost six million marginalized electricity end-users nationwide in the first semester, the Energy Regulatory […]