August 7, 2018

PSALM to sell Malaya thermal plant ‘as is, where is’

By Lenie Lectura – August 6, 2018 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) Board has decided to sell the 650-megawatt (MW) Malaya Thermal Power Plant (MTPP) on an “as is, where is” basis, scrapping […]
August 7, 2018

Meralco, DoTr allot P14.155 billion to relocate 10,342 electric posts

By Lenie Lectura – August 6, 2018 from Business Mirror THE Manila Electric Co. (Meralco) and the Department of Transportation (DoTr) are allocating P14.155 billion to relocate 10,342 electric posts to give way for the government’s various infrastructure projects. “Our […]
August 6, 2018

NGCP completes rehab of Luzon transmission lines hit by TD Josie

By Lenie Lectura – August 5, 2018 from Business Mirror THE National Grid Corp. of the Philippines (NGCP) has completed the restoration of transmission lines in Luzon affected by both Tropical Depression Josie and the southwest monsoon. The grid operator […]
August 2, 2018

AEV H1 net income tops P10 billion, but 2 percent lower than in 2017

By Lenie Lectura – August 1, 2018 from Business Mirror ABOITIZ Equity Ventures Inc. (AEV) said its net income for the first half of 2018 stood at P10.1 billion, 2 percent lower than the P10.3 billion recorded last year. The […]