Author Archives: LM Staff
NGCP refutes P204.3B excess earnings claim, cites revenue proposal as basis
MANILA, Philippines — Facing allegations of owing P204.3 billion to Filipinos for its purported excess...
ERC wants higher fines for NGCP’s delayed projects
The Energy Regulatory Commission (ERC) on Tuesday said it is pushing for the imposition of...
NGCP insists it’s Pinoy-led; debunks ‘shutdown button’ myth
Privately-owned power grid operator National Grid Corporation of the Philippines (NGCP) has reiterated to congressmen...
Can NGCP resist Maharlika?
There is no reason for NGCP’s equity holders to welcome the interest of Maharlika Fund...
DOE slaps fine on FGen unit for late wind energy reports
First Gen Visayas Energy Inc. (FGVEI), a subsidiary of renewable energy company First Gen Corporation,...
NEA lays down parameters on EC tax exemptions
State-run National Electrification Administration (NEA) said Tuesday it laid down the specific financial and operational...
Aboitiz Upgrade Solar, Republic Cement ink solar deal
ABOITIZ Upgrade Solar, Inc. (AUSI) has inked a long-term solar power purchase agreement with cement...
Biz groups back Meralco’s franchise renewal
Over 20 industry groups have expressed support for renewing Meralco’s franchise as the Senate deliberates...
Semirara Mining sets new coal shipment record on strong China, domestic demand
Energy firm Semirara Mining and Power Corporation (SMPC) announced a new record for coal shipments...
DoE seeks support to close financial gap in RE dev’t
THE DEPARTMENT of Energy (DoE) is seeking support to address the financial gap required for...