March 10, 2021

Aboitiz Power fell 27% to P12.6 billion in 2020

By Myrna M. Velasco – March 10, 2021, 5:00 AM from Manila Bulletin Owing it to the overall downtrend in demand last year, the core net income of listed firm Aboitiz Power Corporation dropped 27-percent last year to P12.6 billion […]
March 10, 2021

Meralco rate down by P0.3598/kWh in March billing

By Myrna M. Velasco – March 9, 2021, 1:16 PM from Manila Bulletin The 7.1 million customers of Manila Electric Company (Meralco) will experience cost relief in their pockets this month — with the calculated tariff reduction of P0.3598 per […]
March 9, 2021

DOE approves LNG import terminal for AG&P

By Myrna M. Velasco – March 9, 2021, 8:00 AM from Manila Bulletin Manila-headquartered Atlantic Gulf & Pacific Company (AG&P) is the fourth company that was issued by the Department of Energy (DOE) with a notice to proceed (NTP) for […]
March 8, 2021

5 firms eye negotiated deal for Malaya plant

By Myrna M. Velasco – March 8, 2021, 6:30 AM from Manila Bulletin The proposed divestment of the 650-megawatt Malaya thermal power facility has enticed at least five firms to join the plant’s ‘negotiated sale arrangement’ giving hopes to state-run […]