December 13, 2017

PSALM serves formal notice of ‘default’ on Mt. Apo plant deal

By Myrna M. Velasco – December 12, 2017, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has reportedly served a “formal notice of default and confiscation of performance bond” on Monday (December 11) to FDC […]
December 13, 2017

Ayala unit gets funding for Bataan power plant

By Alena Mae S. Flores – December 12, 2017 at 09:55 pm from manilastandard.net GNPower Dinginin Ltd. Co., the joint venture of of AC Energy Holdings Inc., Therma Power Inc. and Power Partner, has secured financing for the second unit of its 1,336-megawatt […]
December 13, 2017

Transco, LRA ink deal for ROW-land purchase

By Lenie Lectura – December 12, 2017 from Business Mirror THE National Transmission Corp. (Transco) and the Land Registration Authority (LRA) signed last Tuesday a memorandum of agreement (MOA) that will pave the way for the former to acquire all titled properties falling within […]
December 13, 2017

DoE targets 25% of reserve power buffer

December 8, 2017 from BusinessWorld THE Department of Energy (DoE) said the country needs to build a buffer of reserve power that is at least 25% of demand as the agency’s top official made his annual call for businesses to […]