Aboitiz Power Corporation’s consolidated net income for the first quarter nearly tripled to Php6.2 billion from Php2.1 billion year-on-year. In a disclosure to the Philippine Stock Exchange, AboitizPower attributed the profit surge...
The National Grid Corporation of the Philippines (NGCP) has warned of a power supply shortage in Luzon this summer despite lower demand due to quarantine restrictions brought by the COVID-19 pandemic. “We...
The simultaneous bogging down of power plants and reduction of output from the Malampaya gas field have pushed prices in the Wholesale Electricity Spot Market (WESM) to hit record-spikes in recent days...
Operations of the 1,336-megawatt (MW) GNPower Dinginin coal-fired power plant have begun, according to Aboitiz Power Corporation. AboitizPower President and CEO Emmanuel Rubio said in a Manila Bulletin report that the plant’s...
(UPDATED) Aboitiz Power Corporation has allotted Php23 billion for capital expenditures (capex) this year mainly for the completion of the GNPower Dinginin (GNPD) coal power plant project and the installation of various battery...
Continued travel restrictions due to the COVID-19 pandemic leading to construction setbacks have delayed the targeted commercial operations of the GNPower Dinginin supercritical coal-fired power plant. In a report by BusinessWorld, Aboitiz...
Aboitiz Power Corporation expects to complete the 1,336-megawatt GNPower Dinginin coal-fired power plant in Mariveles, Bataan by the second quarter of this year. AboitizPower President and CEO Emmanuel Rubio said that one...
AC Energy, the power arm of the Ayala group, is doing away with anything to do with coal for power generation. In doing so, it is divesting its stakes in the 1,336-megawatt...
