AboitizPower records lower income in 1H 2024
- July 24, 2024
Aboitiz Power Corporation recorded a 4% decline in its net income for the first half of 2024 at Php 17.1 billion, due to the depreciation and interest for its GNPower Dinginin Ltd....
Aboitiz Power Corporation recorded a 4% decline in its net income for the first half of 2024 at Php 17.1 billion, due to the depreciation and interest for its GNPower Dinginin Ltd....
UPDATE (14:50) | As of 3:00 PM, around 430,000 customers within the MERALCO franchise area are affected with power interruptions due to typhoon Carina. *** UPDATE (13:29) | MERALCO said that as...
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President Ferdinand R. Marcos Jr. has called on lawmakers to review the Electric Power Industry Reform Act of 2001 (EPIRA) to determine if current energy policies are still suitable, particularly in addressing...
President Ferdinand Marcos Jr. says that the energy sector is continuously being upgraded to meet the growing demand in the next years. “As energy projects get completed and new investments pour into...
Energy Undersecretary Rowena Cristina Guevara says the country would need around Php 600 billion to provide energy subsidies and lower electricity costs nationwide. In a report by Philippine Star, Guevara said that...
Philippine Energy Efficiency Alliance (PE2) said that the Republic Act No. 12009, or New Government Procurement Act (NGPA), will enable the acquisition of technology, solutions, and services with the lowest life-cycle costs...
The newly appointed chairperson of the Senate Committee on Energy, Senator Pia Cayetano, says that the advancement of the country’s natural gas resources is the way to reduce its reliance on international...
Customers of the Manila Electric Co. (MERALCO) experienced delays in issuing July electricity bills as the distribution company sought guidance from the Energy Regulatory Commission (ERC) for its rates this month. “We...
Senator Sherwin Gatchalian stressed that an energy transition is needed to ease the country’s dependence on coal-fired power plants. “An energy transition measure is necessary as the country gears towards increased use...