October 16, 2021

‘Red flag’ raised in Udenna’s capacity to acquire Malampaya

By Myrna M. Velasco – October 15, 2021, 5:03 PM from Manila Bulletin ‘Red flag’ is being raised anew by Senate Committee on Energy Chairman Sherwin T. Gatchalian on the financial capacity of cash-strapped Udenna Corporation to acquire the 45 […]
October 16, 2021

Korean firm tapped as O&M contractor for Casecnan hydro plant

By Myrna M. Velasco – October 15, 2021, 1:50 PM from Manila Bulletin South Korean firm Soosan ENS will be engaged as the operation and maintenance (O&M) contractor for the 165-megawatt Casecnan hydropower plant in Nueva Ecija, according to state-run […]
October 13, 2021

Consunji-led SMPC declares P7.4-B special cash dividend

By Myrna M. Velasco – October 12, 2021, 4:08 PM from Manila Bulletin The Consunji-led Semirara Mining and Power Corporation (SMPC) has approved the declaration of P7.4 billion worth of special cash dividends to its shareholders as the company’s financial […]
October 12, 2021

Condo dwellers no longer qualified for power subsidies

By Myrna M. Velasco – October 11, 2021, 3:55 PM from Manila Bulletin Filipinos living in condominiums and subdivisions will no longer qualify to avail of the ‘lifeline subsidy’ or electricity rate discounts extended to financially challenged power consumers. According […]