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Philippines
Friday, June 14, 2024

Alena Mae S. Flores

Increased power rate of P12/kWh starts this month

Consumers of Manila Electric Co. (Meralco) would have to brace for higher rates by P0.6436 per kilowatt hour in their June bills due higher...

First Gen awards LNG contract to Tokyo Gas

First Gen Corp. of the Lopez Group said Thursday it awarded a contract to TG Global Trading Co. (Tokyo Gas) for the supply of...

Alternergy secures P5.3-b RCBC loan for Alabat wind farm

Alternergy Holdings Corp. (Alternergy) said Thursday its unit Alabat Wind Power Corp. (AWPC) secured a P5.3-billion financing to partially fund the construction of its...

ERC approves staggered payment for DU purchases at WESM

The Energy Regulatory Commission (ERC) on Thursday approved the staggered payment of Wholesale Electricity Spot Market (WESM) purchases by distribution utilities (DUs) for four...

ERC allows Meralco to get 910 MW from SMC subsidiary

The Energy Regulatory Commission allowed Manila Electric Co. to get power supply amounting to 910 megawatts from the 1,200-MW Ilijan natural gas plant of...

Meralco opens bidding for 600-MW supply

Power retailer Manila Electric Company (Meralco) said Wednesday it launched the competitive selection process (CSP) or bidding for 600 megawatts (MW) of baseload supply...

Topline invests P210m to build more fuel stations in Cebu

Top Line Business Development Corp. (Topline) invested around P210 million to finance the construction of seven new Light Fuels service stations and two Light...

NGCP commits to improving, expanding PH power grid

Grid operator National Grid Corp. of the Philippines (NGCP) reiterated its commitment to improving, upgrading, expanding and reinforcing the Philippine power grid after signing...

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