June 8, 2018

DOE finalizing $4-B Korean investments (in 4 energy projects)

By Myrna M. Velasco – June 7, 2018, 10:01 PM from Manila Bulletin The Department of Energy (DOE) is expecting up to US$4.4 billion worth of capital flowing in – plus thousands of job creation – from prospective investments of […]
June 2, 2018

Luzon grid plagued with ‘yellow alert’ four times this week

By Myrna Velasco – June 1, 2018, 5:26 PM from Manila Bulletin Luzon grid has been plagued with series of ‘yellow alert conditions this week – a near-brownout scenario that clearly manifests lack of reserves that a prudent and reliable […]
April 2, 2018

TRAIN 1 hits 50% of power supply – DOE

By Myrna M. Velasco – April 1, 2018, 10:00 PM from Manila Bulletin The percentage of the country’s power supply that shall be levied with excise taxes under the first package of the Tax Reform for Acceleration and Inclusion (TRAIN) […]
February 28, 2018

Meralco core income up 3% to P20.2 billion

By Myrna M. Velasco – February 26, 2018, 10:00 PM from Manila Bulletin Generally buoyed by brisk sales, the consolidated core income of power utility giant Manila Electric Company (Meralco) had climbed 3.0-percent in 2017 to P20.2 billion from the […]