May 13, 2020
Published by admin at May 13, 2020
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ERC hikes capacity limits for power generation firms

By Lenie Lectura – May 13, 2020 from Business Mirror The Energy Regulatory Commission (ERC) has issued a resolution increasing the capacity limits of power generation companies (gencos) for this year. The commission set the Installed Generating Capacity (IGC) limit […]
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May 13, 2020
Published by admin at May 13, 2020
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PSALM pares power sector debts by ₱27 B

By Myrna M. Velasco – May 12, 2020, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) was able to trim power sector debts by ₱27 billion last year to ₱422.01 billion as of end-December […]
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May 12, 2020
Published by admin at May 12, 2020
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Semirara income falls 43% to P1.2 B

By Myrna M. Velasco – May 11, 2020, 10:00 PM from Manila Bulletin With the combined effect of reduced coal sales and cheaper energy prices, the net income after tax (NIAT) of Consunji-led Semirara Mining and Power Corporation (SMPC) had […]
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May 11, 2020
Published by admin at May 11, 2020
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Meralco explains outages; assures public supply’s ok

By Lenie Lectura – May 11, 2020 from Business Mirror Meralco linemen wearing makeshift face masks get ready to do repair work in Manila. The National Capital Region has been experiencing some power interruptions in the midst of total lockdowns. […]
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