May 27, 2020

MGen to build diversified power portfolio in 5 years

By Lenie Lectura – May 26, 2020 from Business Mirror THE power generating arm of the Manila Electric Co. (Meralco), Meralco PowerGen Corp. (MGen), is planning to build a portfolio of 3,000 megawatts (MW) in five years. “We are targeting […]
May 26, 2020

Meralco told: Conduct actual meter readings

By Lenie Lectura – May 26, 2020 from Business Mirror The chairman of the House Committee on Energy on Monday urged the Manila Electric Co. (Meralco) to charge its customers based on their actual power consumption. Marinduque Rep. Lord Allan […]
May 22, 2020

Psalm to borrow P43 billion to pay maturing obligations

By Lenie Lectura – May 22, 2020 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (Psalm) intends to secure a P43-billion loan from the Development Bank of the Philippines (DBP) to pay for its maturing obligations this […]
May 21, 2020

DOE revising power demand, outlook

By Lenie Lectura – May 21, 2020 from Business Mirror THE Department of Energy (DOE) is revising the country’s projected power demand and supply for the year as economic activity slowed down during the pandemic. DOE Assistant Secretary Redentor Delola […]