The San Miguel Corp. (SMC) said that it doesn’t have outstanding debts with the Power Sector Assets and Liabilities Management Corp. Company subsidiary South Premiere Power Corp (SPPC) said that it has...
The Luzon grid is once again placed on yellow alert on Friday, September 22 due to the unexpected shutdown of some power plants. In a Facebook post by the National Grid Corporation...
The Luzon grid may need more power capacity from new generation power plants following a sudden spike in demand in the Meralco franchise area for the third quarter. Meralco expressed concern with...
Solar Philippines is looking to close a solar power supply contract with the Manila Electric Co. (Meralco) worth 85 – megawatts. The company challenged the P3.50 per kilowatt-hour rate offered by the...
The Philippine National Oil Co. (PNOC) is pushing the Petron Corp in deciding whether to renew and raise its rental fees in its land lease contract for its service stations and bulk...
The Energy Regulatory Commission has denied petitions that want to intervene with the hearings reading Manila Electric Co. (MERALCO)’s power supply agreements (PSAs). These PSAs include are Meralco’s contracts with RP Energy,...
The Power Sector Assets and Liabilities Management Corp. (PSALM) is looking to sell its real estate assets to lessen its financial obligations as it waits for the go signal on the sale...
The Luzon grid is expected to gain another 420-megawatts as the coal-fired power plant expansion of the AboitizPower Corp. and TeaM Energy Corp in Quezon province is expected to run by the...
Solar Philippines has promised to serve the “poorest Filipinos in rural areas” through cheap, reliable and accessible electricity as the company celebrates its fourth year. Company president Leandro Leviste said that the...
Phinma Energy was granted a temporary restraining order (TRO) by the Makati Regional Trial Court (RTC) against the Power Sector Assets and Liabilities Corp. (PSALM) and its former chief executive Emmanuel Ledesma...
