April 29, 2020
Published by admin at April 29, 2020
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Viewpoint: Meralco asks DOE to delay bidding for 1,800-MW supply

By Lenie Lectura -April 28, 2020 from Business Mirror THE Manila Electric Company (Meralco) is asking the Department of Energy (DOE) to delay the conduct of a competitive auction for 1,800 megawatts (MW) of power capacity requirement. Meralco President Ray […]
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April 24, 2020
Published by admin at April 24, 2020
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PSALM remits P46.07 million to 6 local governments

By Lenie Lectura -April 23, 2020 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) said it has remitted SNW (Share in National Wealth) benefits amounting to P46.07 million to six local government units (LGUs). PSALM directly […]
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April 24, 2020
Published by admin at April 24, 2020
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Electricity spot-market rate falls in March due to ECQ

By Lenie Lectura -April 23, 2020 from Business Mirror Independent Electricity Market Operator of the Philippines Inc. (IEMOP) reported Thursday that spot market prices last month dropped to P2.47 per kilowatt hour (kWh), from P3.45/kWh in February, mainly due to […]
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April 21, 2020
Published by admin at April 21, 2020
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AC Energy expects to post profit this year

By Lenie Lectura -April 21, 2020 from Business Mirror AC Energy Philippines (ACEPH), the power arm of conglomerate Ayala Corp., is expected to post profit this year despite the low demand for power caused by the coronavirus disease 2019 (Covid-19) […]
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