November 15, 2022

Citing costs, MPower warns vs. disconnections

BY LENIE LECTURA – NOVEMBER 15, 2022 from Business Mirror MPower, the retail electricity supply arm of Pangilinan-led Manila Electric Co. (Meralco), continues to find ways to supply the requirements of its customers amid spiraling costs in fuel, coal and […]
November 15, 2022

First Gen reports 8% profit drop

BY LENIE LECTURA – NOVEMBER 15, 2022 from Business Mirror LOPEZ-led First Gen Corp. (FGen) reported a reduction of eight percent in recurring net income at end-September this year despite a 24-percent jump in revenues. FGen reported last Monday a […]
November 11, 2022

NGCP to file appeal against penalties slapped by ERC

BY LENIE LECTURA – NOVEMBER 11, 2022 from Business Mirror The National Grid Corporation of the Philippines (NGCP) will appeal the decision of the Energy Regulatory Commission (ERC) to penalize it for non-compliance with the policies on ancillary service issued […]
November 10, 2022

PLDT inks power supply deal with EDC

BY LENIE LECTURA – NOVEMBER 10, 2022 from Business Mirror PLDT Inc. has tapped Energy Development Corp. (EDC) to supply power to its facilities in Davao as part of its decarbonization roadmap, which aims to further reduce its greenhouse gas […]