April 13, 2020

PSALM seeks DOF approval on Murang Kuryente subsidy

By Myrna M. Velasco – Updated April 13, 2020, 9:50 AM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is seeking approval from the Department of Finance (DOF) on its proposed loan procurement to cover calculated […]
April 12, 2020

PH energy demand drops

By Myrna M. Velasco – April 11, 2020, 10:00 PM from Manila Bulletin Energy demand across the country considerably dropped due to the closure of commercial establishments and industries following the declaration of national health emergency that enforced enhanced community […]
April 11, 2020

Meralco unit acquires 70% of solar firm

By Myrna M. Velasco – April 10, 2020, 10:00 PM from Manila Bulletin Meralco PowerGen Corporation, a subsidiary of Manila Electric Company (Meralco), has acquired majority stake of 70-percent in NorteSol III Inc., a Filipino-led firm that is developing a […]
April 10, 2020

Meralco rates higher by P0.1050/kWh in April billing

By Myrna Velasco – April 9, 2020, 11:48 AM from Manila Bulletin Despite downtrend in the generation charge component of its tariff, the all-inclusive rate billed by Manila Electric Company (Meralco) for the month of April has been higher by […]