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The Energy Regulatory Commission (ERC) clarified on Friday, May 23, that while it has approved a number of capital expenditure (CAPEX) projects submitted by the National Grid Corporation of the Philippines (NGCP),...
Manila Electric Company (MERALCO) closed 2024 with strong financial growth, prompting Chairman Manny V. Pangilinan to set an ambitious target of at least Php 50 billion in profit for 2025. “The lowest...
Manila Electric Company (MERALCO) clarifies that the Php 25 billion capital expenditure (capex) budget proposed for 2025 is dedicated to strengthening its distribution utility operations. In a clarification to a Business World...
Citicore Renewable Energy Corporation (CREC) announces an increase in its capital expenditure (CAPEX) as it works to complete its initial 1,000-megawatt (MW) projects. The company is also gearing up for the rollout...
Semirara Mining and Power Corporation (SMPC) has announced a Php 6.9 billion capital expenditure (CAPEX) for 2025 to enhance its coal fleet and power generation operations. Philippine Star reported that the 2025...
The Energy Regulatory Commission (ERC) approved energy projects valued at Php 101 billion last year, aimed at enhancing electric service for nearly 200,000 customers nationwide. In a report by Philippine Star, ERC...
First Gen Corporation plans to reduce its capital expenditure (capex) budget for 2025, focusing mainly on its geothermal projects. In a report by Business World, First Gen President and Chief Operating Officer,...
Visayan Electric Company (VECO) has submitted a capital expenditure (CAPEX) program proposal costing Php 4.273 billion to the Energy Regulatory Commission (ERC)/ Manila Standard reported that the majority of the proposed CAPEX...
Cebu-based energy and water conglomerate Vivant Corporation (VVT) has earmarked P30 billion in capital expenditure over the next five years to expand its energy and water plants across the Philippines. In a...
ACEN Corporation is allocating approximately Php 72 billion for its capital expenditure (CAPEX) budget this year. In a report by Business World, ACEN President and CEO Eric Francia shared that the allotted...
