Pres. Rodrigo Duterte has appointed Energy Usec. Donato Marcos as the National Power Corporation’s (NAPOCOR) new officer-in-charge (OIC), replacing Atty. Melchor Ridulme, who stepped in as OIC upon the death of then-NAPOCOR...
The 1,200-megawatt Ilijan gas-fired power plant’s build-operate-transfer (BOT) contract will expire in June next year, but the Power Sector Assets and Liabilities Management Corporation (PSALM) noted that there is no definitive plan...
Government-run Power Sector Assets and Liabilities Management Corporation (PSALM) has already collected Php653.218 billion out of the Php911.04 billion in proceeds from the divestment of National Power Corporation’s (NAPOCOR) power generation and...
The National Grid Corporation of the Philippines (NGCP) is seeking approval from the Energy Regulatory Board (ERC) to build two interconnection projects from the Luzon mainland worth Php22.2 billion. In a filing...
Government-run Power Sector Assets and Liabilities Management Corporation (PSALM) has approved the request of Fort Pilar Energy, Inc. to assign its right to purchase the 650-megawatt Malaya Thermal Power Plant (MTPP) to...
The National Power Corporation (NAPOCOR) has named Atty. Melchor Ridulme as officer-in-charge (OIC) following the death of its President Pio Benavidez on Tuesday. Ridulme, who was the government-owned firm’s vice president and legal...
The National Power Corporation (NAPOCOR) has announced that its President and CEO Pio Benavidez has passed away on Tuesday due to a fatal heart attack. A licensed mechanical engineer, “Boss Pio” served...
Amid ensuing tensions between the Philippines and China over the West Philippine Sea (WPS), the National Power Corporation (NAPOCOR) began operating its 300-kilowatt (kW) Kalayaan diesel power plant in Pag-asa Island, as...
Sen. Sherwin Gatchalian has warned of corruption in the power sector if Energy Sec. Alfonso Cusi’s proposals for the government to get involved again in the generation and transmission of electricity would...
Less than a week after Davao-based tycoon Dennis Uy secured control of the Malampaya gas-to-power project, Phoenix Petroleum — a firm under his Udenna Group — is said to be offering to...
