July 3, 2020

DOE sets geothermal, hydro projects’ bidding

By Myrna M. Velasco – July 2, 2020, 10:00 PM from Manila Bulletin The Department of Energy (DOE) is scheduling a bid round for service contracts that shall be awarded for five (5) geothermal and 18 hydropower projects through open […]
July 2, 2020

Ayala hikes price offer for Aussie energy company

By Myrna M. Velasco – June 30, 2020, 4:10 PM from Manila Bulletin Ayala’s AC Energy Inc. and its partner Hong Kong-based UPC Renewables have increased their price offer to A$0.86 per share as against the leaner A$0.80 tender that […]
June 30, 2020

Meralco mulls service disconnections by Sept.

By Myrna M. Velasco – June 29, 2020, 10:00 PM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) is targeting to issue service disconnection notices to customers with unpaid bills by September, although company executives indicated that payment […]
June 29, 2020

PSALM still has P294-B sale proceeds to collect

By Myrna M. Velasco – June 28, 2020, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) still has whopping P293.543 billion worth of power assets’ privatization proceeds to collect, according to company data. The […]