November 1, 2022

Denied SMC-Meralco rate hike: End of an era for fixed-price PSAs?

By Myrna M. Velasco – November 1, 2022, 1:11 PM from Manila Bulletin Cheers and jeers had greeted the decision of the Energy Regulatory Commission (ERC) on the junked petition of the Manila Electric Company (Meralco) and the subsidiaries of […]
November 1, 2022

NGCP completes restoration of storm Paeng’s affected transmission facilities

By Myrna M. Velasco – November 1, 2022, 3:22 PM from Manila Bulletin Transmission firm National Grid Corporation of the Philippines (NGCP) has completed electricity service restoration work on more than 60 transmission lines that had been pummeled by the […]
October 29, 2022

Meralco core income up 9% to P19.6-B

By Myrna M. Velasco – October 28, 2022, 3:42 PM from Manila Bulletin Buoyed by the strong financial outcome of its Pacific Light gas-fired power venture in Singapore and the uptick in energy sales, the consolidated core net income of […]
October 29, 2022

Overhaul in PNOC’s business mandate pushed

By Myrna M. Velasco – October 28, 2022, 1:19 PM from Manila Bulletin A legislative proposal has been lodged in the Senate for the overhaul of the investment mandate of state-run Philippine National Oil Company (PNOC) to focus more on […]