February 27, 2017

DOE wants to convert Malaya thermal plant into LNG facility

By Lenie Lectura – February 26, 2017 from Business Mirror The Department of Energy (DOE) said the winning bidder of the 650-megawatt (MW) Malaya Thermal Power Plant Complex (MTPP) should convert the power asset into a liquefied natural-gas (LNG) facility. “Part of the […]
February 13, 2017

PSALM debt payments hit P84.86B in 2016

By Lenie Lectura – February 12, 2017 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) said it has paid off P84.86 billion worth of debts, bringing down the state firm’s obligations to P506.34 billion. “Payments made in […]
February 2, 2017

NGCP study shows feasibility of VisMin grid interconnection

By Lenie Lectura – February 1, 2017 from Business Mirror THE National Grid Corp. of the Philippines (NGCP) on Wednesday released the results of a study that will interconnect the Visayas and Mindanao grids. “The NGCP is pleased to report we already finished the hydrographic […]
February 1, 2017

NPC seeks regulatory approval for recovery of UCME shortfall

By Lenie Lectura – January 31, 2017 from Business Mirror THE National Power Corp. (NPC) is seeking regulatory approval to recover P1.11 billion by collecting P0.0134 per kilowatt-hour (kWh) for a year from electricity end-consumers. The amount represents a collection shortfall in the […]