February 25, 2020

EDC inks MOA with host communities

By Lenie Lectura -February 25, 2020 from Business Mirror ENERGY Development Corporation (EDC) has committed to set aside one centavo per kilowatt-hour (P0.01/kWh) of its total electricity sales to its host communities. A memorandum of agreement (MOA) was signed recently […]
February 21, 2020

DOE allows posting of new TOR for 2nd round of Meralco’s CSP

By Lenie Lectura -February 21, 2020 from Business Mirror THE Department of Energy (DOE) has given the Manila Electric Co. the green light to proceed with the publication of the revised terms of reference (TOR) for the second round of the […]
February 20, 2020

PCC approves Ayala unit, PINAI share purchase deal

By Lenie Lectura -February 20, 2020 from Business Mirror The Philippine Competition Commission (PCC) has approved AC Energy Philippines’s (ACEPH) takeover of the Philippine Investment Alliance for Infrastructure’s (PINAI) solar farm in Negros Occidental. ACEPH said on Wednesday that it […]
February 19, 2020

PSALM sees DOF okay for ADB role in hydropower privatization

By Lenie Lectura – February 19, 2020 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) is expecting within the month the Department of Finance’s go-ahead for its plan to tap the services of Asian Development Bank […]