September 25, 2020

AC Energy to invest P250M in subsidiary

By Jordeene B. Lagare – September 25, 2020 from The Manila Times AC Energy Philippines Inc. (Acen) has signed an agreement to subscribe to unit Buendia Christiana Holdings Corp.’s (BCHC) preferred shares valued at P250 million. In a disclosure on […]
September 18, 2020

Minimum bid price for Malaya plant set

By Jordeene B. Lagare – September 18, 2020 from The Manila Times THE minimum bid price for the sale of Malaya Thermal Power Plant (MTPP) and its underlying land was lowered to P2.2 billion, the Power Sector Assets and Liabilities […]
September 11, 2020

P1.6B set aside for rural electrification efforts

By Jordeene B. Lagare – September 10, 2020 from The Manila Times A budget of P1.6 billion was allotted to energize over a thousand sitios (rural enclaves) across the country, the National Electrification Administration (NEA) said on Wednesday. In a […]
September 11, 2020

Meralco slashes rate to 3-year-low

By Jordeene B. Lagare – September 10, 2020 from The Manila Times This 2018 file photo shows linemen about to inspect electricity meters. (The Manila Times file photo) Consumers can expect another reduction in their electricity bills in September after […]