January 25, 2021

NEA loan disbursements to ECs reach P440-M in 2020

By Myrna M. Velasco – January 24, 2021, 6:30 AM from Manila Bulletin The aggregate loans disbursed by the National Electrification Administration (NEA) to the electric cooperatives reached P439.983 million last year, according to the agency’s accounts management and guarantee […]
January 22, 2021

ERC to audit ‘reinvestment fund’ of electric cooperatives

By Myrna M. Velasco – January 21, 2021, 12:29 PM From Manila Bulletin The Energy Regulatory Commission (ERC) will be auditing the collection and utilization of the ‘reinvestment fund for sustainable capital expenditures’ (RFSC) of the electric cooperatives (ECs), to […]
January 20, 2021

NGCP transmission tower hit, causes Mindanao power outages

By Myrna M. Velasco – January 19, 2021, 3:47 PM From Manila Bulletin Sporadic power interruptions were experienced in Mindanao on Monday (January 18), following reported sabotage on a transmission facility of the National Grid Corporation of the Philippines (NGCP) […]
January 19, 2021

Geothermal investors seek ‘risk insurance perks’ for new projects

By Myrna M. Velasco – January 19, 2021, 7:00 AM from Manila Bulletin Geothermal investors in the country are batting for ‘insurance-type of incentives’ or ‘mitigation fund’ that seeks the “sharing of cost-risks” with the government, so investments in the […]