February 24, 2022

Ilocos power utility to refund P480 M to customers

By Myrna M. Velasco – February 23, 2022, 4:32 PM from Manila Bulletin Ilocos Norte Electric Cooperative (INEC) will refund its customers P480 million-worth of over-recoveries from bill collections that accrued from years 2004 to 2010. The Energy Regulatory Commission […]
February 19, 2022

ACEN acquiring P2 B-worth of additional shares in subsidiary

By Myrna M. Velasco – February 18, 2022, 2:22 PM from Manila Bulletin Ayala-led ACEN Corporation is acquiring P2.0 billion-worth of additional shares in its subsidiary Buendia Christiana Holdings Corporation (BCHC), which is into landbanking for sites that it will […]
February 17, 2022

P52-B VisMin interconnection to add 300-MW to Luzon in June

By Myrna M. Velasco – February 16, 2022, 4:31 PM from Manila Bulletin The P52-billion Mindanao-Visayas Interconnection Project (MVIP) of transmission firm National Grid Corporation of the Philippines (NGCP) will add an initial 300-megawatt to energy-starved Luzon grid starting June […]
February 15, 2022

DOE seeks ‘challengers’ for 10 coal blocks in Mindanao

By Myrna M. Velasco – February 14, 2022, 3:35 PM from Manila Bulletin The Department of Energy (DOE) is seeking “investor-challengers” in the auction of at least 10 coal blocks in Mindanao covered by the unsolicited proposal of Manila-based Grand […]