September 1, 2023

ERC grants bid of Meralco, PEDC to recover P884m in fuel costs from consumers

By Alena Mae S. Flores – August 31, 2023, 8:25 pm from manilastandard.net The Energy Regulatory Commission approved the petition of Manila Electric Co. and Panay Energy Development Corp. to recover from consumers P884.545 million due to high fuel costs. […]
February 15, 2023

ERC allows 10 firms to intervene in NGCP application for MAR

BY LENIE LECTURA – FEBRUARY 14, 2023 from Business Mirror The Energy Regulatory Commission (ERC) has allowed 10 firms to intervene in an ongoing legal proceeding related to the application of the National Grid Corporation of the Philippines (NGCP) which […]
January 30, 2023

Meralco, Panay Energy asked to justify supply deal termination

By Alena Mae S. Flores – January 29, 2023, 6:55 pm from manilastandard.net The Energy Regulatory Commission asked Panay Energy Development Corp., owner of two coal-fired power plants in Iloilo City, to explain its fuel losses amounting to P1.4 billion […]
February 3, 2022

Meralco: SMC unit submits lowest bid

BY LENIE LECTURA – FEBRUARY 2, 2022 from Business Mirror South Premiere Power Corp. (SPPC), a power arm of conglomerate San Miguel Corp. (SMC), submitted the lowest bid for the contract to supply 170-megawatt (MW) peaking power to the Manila […]