April 30, 2024

Higher power demand seen in May

By Alena Mae S. Flores – April 29, 2024, 9:00 pm from manilastandard.net Power demand could further increase in May after it reached a peak of 9,301 megawatts on April 24, surpassing the 2024 and 2025 forecasts, the country’s largest […]
March 6, 2024

Meralco seeks ERC approval for 1,800 MW of supply with lower rates for consumers

By Alena Mae S. Flores – March 5, 2024, 8:45 pm from manilastandard.net Power retailer Manila Electric Co. said Tuesday it filed for approval with the Energy Regulatory Commission three separate power supply agreements (PSA) covering 1,800-megawatt baseload requirement that […]
January 8, 2024

SMC, Aboitiz Power units submit lowest rates for Meralco supply

By Alena Mae S. Flores – January 7, 2024, 8:10 pm from manilastandard.net San Miguel Corp. and Aboitiz Power Corp., through their respective subsidiaries, submitted the lowest offers for Manila Electric Co.’s 1,800- megawatt baseload requirement. This followed the bid […]
September 5, 2023

Aboitiz unit’s share buyback gets nod

By Lenie Lectura – August 31, 2023 from Business Mirror Aboitiz Power Corp. has received the green light to implement a share buyback program. “The Board of Directors approved the company’s authority to buy back its own shares using internally […]