May 2, 2017
Published by admin at May 2, 2017
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DOE backs Visayas-Mindanao grid connection project at govt’s expense

By  Lenie Lectura – May 1, 2017 from Business Mirror The Department of Energy (DOE) has backed a proposal of the National Transmission Corp. (Transco) for the government to undertake a multibillion-peso Visayas-Mindanao grid connection project. “I agree. It should be the […]
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April 17, 2017
Published by admin at April 17, 2017
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Fuel, power and cash

By Lenie Lectura –  April 16, 2017 from Business Mirror THE government’s share from the energy-resource development fund, commonly known as the Malampaya fund, reached P13.43 billion in 2016, slightly lower than the P14.32 billion recorded a year earlier. Based on […]
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April 3, 2017
Published by admin at April 3, 2017
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DOE proposes to use ERD funds to avoid passed-on charges to consumers

By Philippine News Agency – April 1, 2017, 5:43 PM from Manila Bulletin Instead of passing on a 19-centavo universal charge on consumers, the Department of Energy (DOE) has proposed to use the Malampaya or Energy Resource Development (ERD) funds to […]
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April 1, 2017
Published by admin at April 1, 2017
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DOE: Malampaya fund can be used to pay NPC debts

By  Lenie Lectura – April 1, 2017 from Business Mirror The Department of Energy (DOE) strongly  urged lawmakers to pass a legislation that will allow the government to tap the Malampaya fund in paying the stranded debts of the National Power Corp. (NPC). […]
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