October 11, 2022

‘SMC-Meralco deals yield lessons’

BY LENIE LECTURA – OCTOBER 11, 2022 from Business Mirror The Department of Energy (DOE) said the termination of the power supply agreements (PSAs) between San Miguel Corp. (SMC) and the Manila Electric Co. (Meralco) after their joint petition for […]
October 10, 2022

SMC still keen on power auctions

BY LENIE LECTURA – OCTOBER 10, 2022 from Business Mirror Conglomerate San Miguel Corp. (SMC) said it would still participate in future power supply auctions despite the unfavorable ruling from the regulators released last week. “Of course, lahat naman ng […]
October 5, 2022

Meralco seeks emergency power supply procurement for 1,000MW

By Myrna M. Velasco – October 4, 2022, 1:39 PM from Manila Bulletin Following regulatory decision that junked the P0.30 per kilowatt hour (kWh) rate hike petition of supplier SMC Global Power Holdings (SMCGP), power utility giant Manila Electric Company […]
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) […]