October 3, 2018

Korean firm bids for operation of Malaya thermal power plant

By Lenie Lectura – October 3, 2018 from Business Mirror SOOSAN ENS Co. Ltd. of Korea is the lone bidder for the one-year operation and maintenance service contract (OMSC) for the 650-megawatt (MW) Malaya thermal power plant (TPP). The Power […]
October 3, 2018

Senate working on 4 bills to lower electricity rates

By Lenie Lectura – October 2, 2018 from Business Mirror In Photo: Linemen from the National Grid Corp. of the Philippines promptly conduct a maintenance check on power lines to ensure the reliability of electricity supply in the Luzon grid. […]
October 1, 2018

EDC sees better results in H2 after 21% income decline in H1

By Lenie Lectura – October 1, 2018 from Business Mirror LOPEZ-LED Energy Development Corp. (EDC) is expected to perform better in the second half of 2018 after posting a 21-percent decline in net income during the first six months of […]
September 29, 2018

AboitizPower buys interest in AC Energy’s thermal uni

By Lenie Lectura – September 28, 2018 from Business Mirror ABOITIZ Power Corp. sealed a deal with AC Energy Inc. for the purchase of a stake in the latter’s thermal business, AA Thermal Inc., valued at $579.2 million. The transaction, subject […]