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Aboitiz Power Corporation has sought the Securities and Exchange Commission’s (SEC) approval for the issuance of the third tranche of its Php30 billion fixed-rate retail bonds, which it registered with the agency...
As Bohol still reels from the widespread damage caused by Typhoon Odette, local power distributors are hoping for a more stable power supply with the completion of Energy Development Corporation’s (EDC) power...
Three power generation companies (gencos) have expressed interest to participate in the competitive selection process (CSP) for the supply of 170 megawatts (MW) to the Manila Electric Company (MERALCO). The bidders’ aggregate...
Bohol residents may expect the island province to be reconnected to the Visayas Grid by February 15, according to the National Grid Corporation of the Philippines (NGCP). Speaking at a virtual news...
Pilipinas Shell Petroleum Corporation (PSPC) has fully settled with the Bureau of Customs its Php3.49 billion in back taxes, according to Finance Sec. Carlos Dominguez III. Dominguez, in a BusinessWorld report, said...
(UPDATED) The Department of Energy (DOE) has asked the Indonesian government to lift its ban on coal exports. In his letter to Indonesian Energy and Mineral Resources Minister Arifin Tarsif dated January...
Philippine coal-fired power plants are looking for other possible sources of the fossil fuel amidst Indonesia’s ban on coal exports. Based on a BusinessWorld report, Aboitiz Power Corporation — the country’s largest...
Whenever there’s a shortage in electricity supply, just like the Luzon Red Alerts or the Malampaya gas restrictions, the next thing most power industry players and watchers look at is the Wholesale...
Philippine Rating Services Corporation (PhilRatings) has retained its PRS Aaa rating, with a stable outlook, for SMC Global Power Holdings’ outstanding bond issuances worth Php73.8 billion. PRS Aaa is the highest credit rating...
Global express service provider DHL Express has recently added three electric vehicles (EVs) to its delivery fleet in the Philippines, which the company says is a firm step towards its goal of...
