March 2, 2018

Phinma Energy’s bottom line plunges to 75%

By Lenie Lectura – March 1, 2018 from Business Mirror PHINMA Energy Corp.’s net income plunged 75 percent to P347 million last year, from P1.383 billion in 2016. In its disclosure to the Philippine Stock Exchange, Phinma Energy said the […]
February 27, 2018

Shutdowns, limited power generation cause Luzon grid to be on yellow alert

By Lenie Lectura – February 26, 2018 from Business Mirror Photo from CNN PHL THE Luzon grid was placed on yellow alert, the first for the year, mainly due to a number of power plants that went offline. “The Luzon […]
February 23, 2018

May electricity bills to reflect reduced system-loss charge

By Lenie Lectura – February 21, 2018 from Business Mirror Workers connect electricity cables to a transmission pole. (Bloomberg) Consumers will start feeling the impact of the modified cap on the allowable rate of system losses that can be passed […]
February 21, 2018

10 power projects vie for DOE accreditation

By Lenie Lectura – February 20, 2018 from Business Mirror TEN power projects, including the multibillion peso Visayas-Mindanao Interconnection Project (VMIP), are vying to be declared by the energy department as “Project of National Significance” under Executive Order (EO) 30. EO […]