September 17, 2019
Published by admin at September 17, 2019
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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 […]
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August 10, 2019
Published by admin at August 10, 2019
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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 […]
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July 30, 2019
Published by admin at July 30, 2019
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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 […]
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July 20, 2019
Published by admin at July 20, 2019
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GenCos urged to offer ‘least cost’ in Meralco supply tendering

By Myrna M. Velasco – July 19, 2019, 10:00 PM from Manila Bulletin With several power supply agreements (PSAs) expiring this year, power utility giant Manila Electric Company (Meralco) is soliciting PSA tenders for aggregate capacity of 2,900 megawatts both […]
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