November 13, 2018

EDC recurring net 9-month income down 3.0% to P6.4 B

By Myrna M. Velasco – November 12, 2018, 10:00 PM from Manila Bulletin The consolidated recurring net income of Energy Development Corporation (EDC) had been down 3.0-percent to P6.4 billion within this year’s January to September stretch from last year’s […]
November 12, 2018

EDC inks power supply deal with manufacturing firm

By Myrna M.Velasco – November 11, 2018, 10:00 PM from Manila Bulletin Lopez majority-owned Energy Development Corporation (EDC) has inked a 2.7-megawatt power supply agreement with Continental Temic Electronics Philippines to serve the latter’s electricity requirements at its manufacturing site […]
November 12, 2018

PH nixes carbon tax on coal, thermal plants

By Myrna M. Velasco – November 11, 2018, 10:00 PM from Manila Bulletin HANOI, Vietnam – The Philippines is not adopting the policy of enforcing a carbon tax on its thermal power facilities and similarly situated technologies because this will […]
November 9, 2018

Semirara earns P8.9 B in 9 months, down 23%

By Myrna M. Velasco – November 8, 2018, 10:00 PM from Manila Bulletin On combined slow down of its coal production and technical-laden breakdown of power plants, the consolidated net income after tax (NIAT) of Semirara Mining and Power Corporation […]