September 2, 2024

NGCP penalized for project delays

By Lenie Lectura – September 2, 2024 from Business Mirror The Energy Regulatory Commission (ERC) imposed a P3.5-million penalty against the National Grid Corporation of the Philippines (NGCP) for “unjustified delays” in implementing 10 transmission projects. In its 81-page decision […]
August 30, 2024

Meralco: 6 power gencos to join auction for supply deal

By Lenie Lectura – August 30, 2024 from Business Mirror Six power generation companies (gencos) have formally expressed interest to supply 400-megawatts (MW) of mid-merit capacity to the Manila Electric Co. (Meralco) for 15 years. During the pre-bid conference held […]
August 28, 2024

ACEN, Barito Renewables forge exclusive partnership

By Lenie Lectura – August 28, 2024 from Business Mirror ACEN Corp. and PT Barito Renewables Energy Tbk (Barito Renewables) announced Tuesday that they forged an exclusive partnership to hasten the development of wind renewable energy (RE) projects across Indonesia. […]
August 27, 2024

ERC clarifies ‘longstop date’ in PSAs

By Lenie Lectura – August 27, 2024 from Business Mirror The Energy Regulatory Commission (ERC) has cautioned power generation companies against seeking for a termination of their power supply agreement (PSA) earlier than the prescribed period stated under relevant laws […]