May 6, 2019

WMPC, Zamcelco agree to end rotating brownouts in Zamboanga City

By Lenie Lectura – May 6, 2019 from Business Mirror WESTERN Mindanao Power Corp. (WMPC) and Crowninvestments Holdings Inc., the investor-manager of the Zamboanga City Electric Cooperative (Zamcelco), signed last week a compromise agreement to put to an end to […]
May 6, 2019

DOE creates unit to perform performance audit of Maselco

By Lenie Lectura – May 6, 2019 from Business Mirror THE Department of Energy (DOE) has created a task force to conduct the system and performance audit of Masbate Electric Cooperative Inc. (Maselco). Maselco is in the list of “underperforming, financially […]
May 3, 2019

AboitizPower’s 1st-quarter income declines to P3.6 billion

By Lenie Lectura – May 3, 2019 from Business Mirror ABOITIZ Power Corp. posted a 9-percent decline in net income in the first three months of the year to P3.6 billion, from P4 billion recorded for the same period last […]
May 3, 2019

PSALM pays P7.8-million damages from power-barge oil spill

By Lenie Lectura – May 3, 2019 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) disbursed P340,428 worth of indemnities, bringing to P7.8 million the total compensation to individuals, families and enterprises affected by the Power […]