September 15, 2022

‘ERC ruling on power deals should apply to all suppliers’

BY LENIE LECTURA – SEPTEMBER 15, 2022 from Business Mirror ACEN Corp. said on Wednesday its power supply deal with the Manila Electric Co. (Meralco) should also be tweaked should the regulators decide to amend the power supply agreement (PSA) […]
July 12, 2022

Meralco, San Miguel units want to adjust PSA prices

BY LENIE LECTURA – JULY 11, 2022 from Business Mirror The staggering increase in fuel prices prompted two power units of San Miguel Corp. (SMC) and the Manila Electric Co. (Meralco) to seek regulatory approval for a temporary price adjustment […]
February 26, 2020

ERC provisionally clears Meralco power deals that had CSP in ’19

By Lenie Lectura -February 26, 2020 from Business Mirror THE Energy Regulatory Commission (ERC) has provisionally approved the Manila Electric Company’s (Meralco) power supply agreements (PSAs) that underwent competitive bidding last year. “The ERC granted provisional authority to implement the […]
February 22, 2020

Basic Energy quits geothermal service contract in Mabini

By Alena Mae S. Flores – February 22, 2020 at 12:10 am from manilastandard.net Basic Energy Corp. submitted on Friday a notice to the Energy Department to withdraw from Mabini geothermal service contract no. 8. Basic Energy disclosed to the […]