November 11, 2019

DOE set to issue new rules on power firms’ CSP after standoff with Meralco

By Lenie Lectura -November 11, 2019 from Business Mirror THE Department of Energy (DOE) is expected to issue new rules on the competitive selection process (CSP) to govern power firms that are engaged in both power generation and distribution. This […]
November 8, 2019

PSALM sells 3 land assets in 3 provinces for P934.72M

By Lenie Lectura -November 8, 2019 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) has sold three of its land assets for P934.72 million. The state firm said Thursday it successfully privatized through public biddings the land […]
November 8, 2019

AboitizPower upbeat about 2020 after redressing power plant snags

By Lenie Lectura -November 8, 2019 from Business Mirror Aboitiz Power Corp. expects to perform better next year after enforcing corrective action measures on its power plants that encountered technical snags in the past months. “We don’t expect these outages […]
November 7, 2019

Iloilo LGU seeking P90-M realty taxes from Peco

By Lenie Lectura -November 7, 2019 from Business Mirror The Iloilo City government said Wednesday that Panay Electric Co. (Peco) needs to settle P90 million worth of unpaid real-estate taxes to the city government before it can renew its business […]