August 17, 2021

SPC Power income down 14.5% to P794.3 M in 1st half

By Myrna M. Velasco – August 16, 2021, 3:09 PM from Manila Bulletin The consolidated net income of SPC Power Corporation dipped 14.5-percent to P794.3 million in the first six months of the year from a more robust earnings of […]
August 16, 2021

No turnover plan yet for Ilijan plant, according to PSALM

By Myrna M. Velasco – August 16, 2021, 8:00 AM from Manila Bulletin Even if the build-operate-transfer (BOT) contract for the 1,200-megawatt Ilijan gas-fired plant will expire by June next year, state-run Power Sector Assets and Liabilities Management Corporation (PSALM) […]
August 16, 2021

NEA extends P5.628-B worth of loans to ECs

By Myrna M. Velasco – August 13, 2021, 6:08 PM from Manila Bulletin Government-run National Electrification Administration (NEA) has extended P5.628 billion worth of loans to electric cooperatives (ECs) at the duration of the Duterte administration. According to NEA Administrator […]
August 16, 2021

3 LNG facilities start competing in local market next year

By Myrna M. Velasco – August 13, 2021, 5:34 PM from Manila Bulletin At least three liquefied natural gas (LNG) import facilities that are anchored on floating storage and regasification units (FSRUs) will start competing for the Philippine gas market […]