December 23, 2024

ACEN may hike capex budget for 2025–exec

By Lenie Lectura – December 23, 2024 from Business Mirror ACEN Corp. said its capital expenditures (capex) for 2025 could increase to P70 billion from this year’s P50 billion. “We are forecasting P50 billion in capex across all geographies for […]
December 18, 2024

‘Nod for Meralco PSA premature’

By Lenie Lectura – December 18, 2024 from Business Mirror The Energy Regulatory Commission (ERC) has denied the joint application of the Manila Electric Co. (Meralco) and Masinloc Power Co. Ltd. (MPCL) for provisional approval of their 15-year power supply […]
December 16, 2024

Meralco eyes ₱50B for upgrades

By Lenie Lectura – December 16, 2024 from Business Mirror THE Manila Electric Co. (Meralco) may earmark as much as P70 billion to improve its distribution network and roll out smart meters, among others, over the next five years. Of […]
December 12, 2024

NGCP substation project secures go-ahead of ERC

By Lenie Lectura – December 12, 2024 from Business Mirror The proposed P2.6-billion Capas 230 kiloVolt (kV) substation project of the National Grid Corporation of the Philippines (NGCP) was approved for implementation by the Energy Regulatory Commission (ERC). “After due […]