Author Archives: LM Staff

PSALM to rebid three properties worth over P470m

State-run Power Sector Assets and Liabilities Management Corp. (PSALM) set the second round of bidding...

Chinabank takes climate action, partners with ACEN for 100% renewable energy

China Banking Corporation (Chinabank) has partnered with ACEN Renewable Energy Solutions (ACEN RES), a subsidiary...

Iloilo City consumers enjoy reduced electricity rate

ILOILO CITY – Residential clients in this city have enjoyed lower electricity rates since December...

NGCP reiterates it is Filipino-controlled

THE National Grid Corp. of the Philippines (NGCP) reiterated that it is Filipino-controlled, allaying concerns...

Why focus on NGCP? Marcoleta says power generation is the problem

SAGIP Party-list Rep. Rodante Marcoleta took issue with what he described as the undue focus...

TransCo: NGCP’s project delays spur higher power costs

MANILA – State-owned National Transmission Corporation (TransCo) on Thursday cited the significant delays in transmission...

Transco admits right-of-way woes; solon deflects fault from NGCP

The National Transmission Corporation (Transco) has acknowledged before congressmen its backlogs in right-of-way (ROW) cases,...

ERC OKs EDC’s connection facility for Tanawon Geothermal in Bicol

THE Energy Regulatory Commission (ERC) has allowed a subsidiary of Energy Development Corp. (EDC) to...

NEA facilitates P1.8-b loans for 36 electric cooperatives

State-run National Electrification Administration (NEA) said it facilitated P1.8 billion worth of loans, benefiting 36...

Growth prospects high for energy firms, but IPO market unfavorable — analysts

ENERGY companies are poised for growth this year because of increasing power demand, but the...