The increase in the coal excise tax will post a “serious impact” on consumers’ welfare, a concern the Laban Konsyumer Inc. (LKI) is looking at. In a statement, LKI said that the...
The full implementation of the Retail Competition and Open Access (RCOA) will create “competitive pressure” that will lead to lower power rates, the Management Association of the Philippines (MAP) said. MAP is...
AboitizPower has begun constructing its 19-megawatt (MW) Bineng Combination Hydro in La Trinidad, Benguet. Through its unit, Hedcor, the company broke ground last December 5. The project is expected to increase the...
The AC Energy Holdings has secured the project financing of its Dinginin coal-fired power plant, making their attributable capacity to 1,600 megawatts (MW). The company said that the GNPower Dinginin Ltd. Co....
The National Transmission Corp. (TransCo) teamed up with the Land Registration Authority (LRA) to answer issues on right-of-way (ROW) of transmission facilities. The two has signed a memorandum of agreement (MOA) to...
The Philippine National Oil Company (PNOC) may bid out of the development of the $2-billion liquefied natural gas (LNG) terminal if no qualified proposals meet the December 31 deadline. “If there are...
The 12 megawatt (MW) Maibarara-2 geothermal power plant nears it commercial operations after securing spot market and grid operations requirements. The Maibarara Geothermal Inc. (MGI) said that it has secured its registration...
The Malampaya gas project can still provide gas until 2029 but it would need to settle its tax dispute with the Commission on Audit (COA) to extend its contract. “Based on what...
A law that aims to reduce the amount of system loss charges passed on to the consumers by electricity companies is being pushed in the Senate. The Recoverable System Loss Act (Senate...
The Manila Electric Co (Meralco) has posted a P0.3785 per kwh decrease in its electricity rates for the month of December brought about by a reduction in generation charges. This brings around...
