July 13, 2022

Fort Pilar unit to start building plant in September

BY LENIE LECTURA – JULY 12, 2022 from Business Mirror BELGROVE Power Corp. (BPC), a subsidiary of Romero-led Fort Pilar Energy Inc., will start construction of the proposed 60-megawatts (MW) gas turbine power plant in September this year while target […]
July 13, 2022

San Miguel unit’s payables to Psalm already P34.04B

BY LENIE LECTURA – JULY 12, 2022 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (Psalm) claimed that South Premiere Power Corp. (SPPC), a power unit of San Miguel Corp. (SMC), has overdue payables amounting to P34.04 […]
July 6, 2022

PSALM’s financial obligations hit ₧342.6B at end-June

BY LENIE LECTURA – JULY 5, 2022 from Business Mirror THE financial obligations of the Power Sector Assets and Liabilities Management Corp. (PSALM) at end-June this year stood at P342.6 billion (around $6.185 billion at current exchange rates). In a […]
July 5, 2022

SC strikes down ERC regulation on power mart

By Rey E. Requejo – July 5, 2022, 12:20 am from manilastandard.net The Supreme Court has nullified the order issued by the Energy Regulatory Commission (ERC) that regulated the prices in the Wholesale Electricity Spot Market (WESM) for the supply […]