October 23, 2024

BIR rules DUs, power co-op ineligible to claim input VAT

By Beatriz Marie D. Cruz – October 21, 2024 | 8:55 pm from Business World THE Bureau of Internal Revenue (BIR) said distribution utilities (DUs) and electric cooperatives (ECs) cannot claim input value-added tax (VAT) from generation and transmission charges, […]
August 26, 2024

ERC rules: ‘Longstop date’ is no longer valid as ground for PSA termination

BY Myrna M. Velasco – Aug 24, 2024 11:45 AM from Manila Bulletin At a glance The ERC stated that the acceptable grounds for PSA termination shall only be anchored on conditions such as: bankruptcy or insolvency of the GenCo; […]
December 30, 2023

ERC analysis finds ‘notable’ disparity in movement of power, coal prices

By Alena Mae S. Flores – December 29, 2023, 9:30 pm from manilastandard.net The Energy Regulatory Commission (ERC) said an initial analysis of its fuel audit showed a “notable disparity” between the substantial reduction in coal prices globally compared to […]
August 25, 2023

DOE sets rules on ‘opt-in mechanism’ for RE capacity

BY MYRNA M. VELASCO – Aug 25, 2023 08:55 AM from Manila Bulletin AT A GLANCE The “opt-in policy” allows mandated participants to “have the option to procure from the GEAP pool of winning bidders under a particular auction round.” […]