May 11, 2021

NGCP to charge 14% interest for defaulting clients

By Angelica Y. Yang – May 10, 2021 | 8:16 pm from Business World BW FILE PHOTO THE National Grid Corp. of the Philippines (NGCP) said has set the interest rate for defaulting customers at 14% for the second quarter. […]
May 11, 2021

Asian Dev’t Bank drops coal investments, may support more natural gas projects

By Angelica Y. Yang – May 9, 2021 | 7:32 pm from Business World REUTERS THE Asian Development Bank (ADB) said in its first energy policy draft that it will not be funding new coal-fired plants but will consider investing […]
May 10, 2021

Meralco completes P4.2-B projects in Q1

By Myrna M. Velasco – May 10, 2021, 6:00 AM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) has completed P4.2 billion worth of capital expenditure (capex) projects in this year’s first quarter, with the bulk of P3.4 […]
May 10, 2021

SMC Global eyes P125B capital expenditures

By Alena Mae S. Flores – May 09, 2021 at 07:25 pm from manilastandard.net SMC Global Power Holdings Corp., the power arm of conglomerate San Miguel Corp., is looking at 2021 capital expenditure budget of almost P125 billion to finance […]