July 14, 2017

ERC explains decision to extend CSP validity

By Lenie Lectura – July 12, 2017 from Business Mirror The Energy Regulatory Commission (ERC) on Thursday said its decision to extend the validity of the Competitive Selection Process (CSP) policy was meant not to favor any power stakeholder, but merely to address the valid […]
July 13, 2017

DOE sets new target date to restore power in Samar, Leyte and Bohol

By Lenie Lectura – July 12, 2017 from Business Mirror The Department of Energy (DOE) is anticipating a delay in the transmission of 160 megawatts (MW) of power-generating capacity to be delivered to Samar, Leyte and Bohol. DOE Undersecretary Felix William Fuentebella said […]
July 12, 2017

AboitizPower to get 100% ownership of solar project in Negros Occidental

By Lenie Lectura – July 11, 2017 from Business Mirror ABOITIZ Power Corp., through its renewable-energy (RE) arm Aboitiz Renewables Inc. (ARI), will soon assume full ownership of a 59-megawatt (MW) solar-power project in San Carlos City, Negros Occidental. In a disclosure on Tuesday, the […]
July 11, 2017

PSALM to recover P3.7B via universal charge

By Lenie Lectura – July 9, 2017 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) is seeking regulatory approval to pass on to end users the stranded debt of the National Power Corp. (NPC) amounting to P3.7 billion through […]