September 24, 2019

P56-billion MGen coal plant in Mauban still lacks requirements, can’t get COC yet, says ERC

By Lenie Lectura – September 24, 2019 from Business Mirror THE Energy Regulatory Commission (ERC) on Monday said it could not yet issue a certificate of compliance (COC) to a project of the power generation arm of the Manila Electric […]
September 17, 2019

PSALM receivables still at P135 B

By Myrna M. Velasco – Updated September 16, 2019, 11:04 AM from Manila Bulletin The receivables of state-run Power Sector Assets and Liabilities Management Corp. from distribution utilities, generation companies as well as universal charges, are still whopping at P135.59 […]
August 10, 2019

WESM operator directed to refund P1.77 B by ERC

By Myrna M. Velasco – August 9, 2019, 10:00 PM from Manila Bulletin The operator of the Wholesale Electricity Spot Market (WESM) has been directed to refund P1.774 billion to its trading participants; due to “miscalculation” in the net settlement […]
July 30, 2019

Meralco gets 22 offers from gencos for CSP on 3 deals

By Lenie Lectura – July 30, 2019 from Business Mirror THE Manila Electric Co. (Meralco) has received 22 offers from various power-generation companies (gencos) that are interested to participate in the competitive selection process (CSP) of three power contracts with […]