February 1, 2017

NPC seeks regulatory approval for recovery of UCME shortfall

By Lenie Lectura – January 31, 2017 from Business Mirror THE National Power Corp. (NPC) is seeking regulatory approval to recover P1.11 billion by collecting P0.0134 per kilowatt-hour (kWh) for a year from electricity end-consumers. The amount represents a collection shortfall in the […]
February 1, 2017

Alsons Power still keen on bidding for hydro projects in Mindanao

By Lenie Lectura – January 31, 2017 from Business Mirror THE Alsons Power Group is still very much interested to bid for the hydroelectric power plants along the Agus and Pulangi Rivers in Mindanao. “We are waiting for the TOR [terms of reference]. […]
February 1, 2017

NGCP buys 18 power transformers worth P1.346B

By Lenie Lectura – January 31, 2017 from Business Mirror THE National Grid Corp. of the Philippines (NGCP) has placed an order for 18 power transformers worth $27 million (P1.346 billion). ABB said it received the order “to design, supply and commission 18 transformers.” ABB is a […]
January 31, 2017

Meralco, SPDC sign Ipsa deal during shutdown of Malampaya

By Lenie Lectura – January 30, 2017 from Business Mirror THE Manila Electric Co. (Meralco) and Strategic Power Development Corp. (SPDC), a subsidiary of SMC Global Power Holdings Corp., have entered into an interim power-supply agreement (Ipsa) for the purchase and supply of electricity […]