March 1, 2023

Aboitiz plant supplying Meralco at costlier rate of P8.5250/kWh

By Myrna M. Velasco – February 28, 2023, 5:21 PM from Manila Bulletin The GNPower Dinginin (GNPD) coal-fired power plant, which is a joint venture of Aboitiz Power and the Ayala group, is supplying 300-megawatt capacity to Manila Electric Company […]
March 1, 2023

Semirara Mining posts all-time high income of P39.9-B in 2022

By Myrna M. Velasco – February 28, 2023, 4:39 PM from Manila Bulletin Owing to sky-high prices of coal in the global market last year, Consunji-led Semirara Mining and Power Corporation (SMPC) an posted all-time high net income of P39.9 […]
February 28, 2023

Meralco core income up by 10% to P27.105B in 2022

By Myrna M. Velasco – February 27, 2023, 5:06 PM from Manila Bulletin Buoyed by pandemic recovery-underpinned energy sales and its Singapore power asset, the consolidated core income of power utility giant Manila Electric Company (Meralco) climbed by 10-percent to […]
February 28, 2023

DOE revamping guidelines for RE capacity auction

By Myrna M. Velasco – February 27, 2023, 7:31 AM from Manila Bulletin The Department of Energy (DOE) is in the process of revamping the guidelines on the Green Energy Auction Program (GEAP) or the policy on bidding renewable energy […]