October 10, 2017

Power rates slightly rise in October as oil firms cut fuel pump price

By Lenie Lectura – October 9, 2017 from Business Mirror Electricity prices are on the rise this month, while fuel pump prices will be reduced after two straight weeks of upward adjustments.The Manila Electric Co. (Meralco) said on Monday it will implement […]
October 10, 2017

Meralco signs deal with solar company

By Alena Mae S. Flores – October 09, 2017 at 07:17 pm from manilastandard.net Manila Electric Co. has signed a supply agreement with Solar Philippines Tarlac Corp. for up to 85 megawatts of power supplied from the latter’s Tarlac solar facility at […]
October 9, 2017

Ang asks Psalm to act against volatility of spot-market prices

By Lenie Lectura – October 8, 2017 from Business Mirror BUSINESSMAN Ramon S. Ang urged the Power Sector Assets and Liabilities Management Corp. (Psalm) to protect consumers from volatility of spot-market prices and not expose them. Ang issued his statement as […]
October 9, 2017

Meralco to pursue bid for AEC stake

By Lenie Lectura – October 3, 2017 from Business Mirror THE Manila Electric Co. (Meralco) said it would pursue bidding for AES Corp.’s controlling stake in the 600-megawatt (MW) coal-power plant in Masinloc, Zambales. Meralco President Oscar Reyes said the utility firm is […]