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News

DOE: PSALM term extension to support Agus plant rehab

Posted on February 10, 2025 by LM Staff

The Department of Energy (DOE) expects the corporate life extension of the Power Sector Assets and Liabilities Management Corp. (PSALM) to facilitate the rehabilitation of the Agus-Pulangi plants in Mindanao.

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Geothermal de-risking loan from ADB sought

Posted on February 10, 2025 by LM Staff

THE Department of Energy (DoE) said it is hoping to finalize a loan from the Asian Development Bank (ADB) this year to launch a project that seeks to de-risk geothermal power investments.

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Projected revenues for 5RP to reach P393B–Meralco

Posted on February 10, 2025 by LM Staff

The Manila Electric Co. (Meralco) filed before the Energy Regulatory Commission (ERC) its proposed annual revenue requirement (ARR) for the 5th regulatory period (5RP) amounting to over P393 billion, equivalent to an average of price of P1.688 per kilowatt hour (kWh).

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Manila Water enters contestable power market

Posted on February 10, 2025 by LM Staff

EAST ZONE concessionaire Manila Water Co., Inc. has entered the contestable market, allowing it to select its own power supplier for 10 of its facilities under the expanded retail aggregation program (RAP), according to the Energy Regulatory Commission (ERC).

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Chinabank facilities now powered by clean energy

Posted on February 10, 2025 by LM Staff

MANILA, Philippines — Sy-led China Banking Corp. is accelerating its shift to clean energy as two of its facilities are now powered by renewable energy, contributing to the reduction of carbon emissions in the country.

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Davao Light bullish on franchise expansion in 2 provinces

Posted on February 10, 2025 by LM Staff

DAVAO CITY – Davao Light and Power Co., Inc. (Davao Light) is hopeful about expanding its franchise to Davao de Oro and Davao del Norte after House Bill (HB) 11072 passed its third and final reading in the Senate.

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BEC transfers shares to allow investor entry

Posted on February 10, 2025 by LM Staff

Basic Energy Corp (BEC) said on Friday it is transferring shares from its wholly-owned RDG Wind Energy Corp. to another unit, Basic Diversified Industrial Holdings Inc.

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DOE set to release terms of 4th green energy auction

Posted on February 7, 2025 by LM Staff

The Department of Energy (DOE) said Thursday it is set to conduct the fourth auction round of the Green Energy Auction Program (GEAP) as part of its efforts to accelerate the development and utilization of renewable energy resources.

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DOE excludes LNG from GEA 4th round; TOR out soon

Posted on February 7, 2025 by LM Staff

THE Department of Energy (DOE) has decided to exclude liquefied natural gas (LNG) from the fourth round of the Green Energy Auction (GEA-4), a top official of the agency said.

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Alsons Power gears up for major solar power launch in Mindanao

Posted on February 7, 2025 by LM Staff

ALSONS POWER Group, the power business unit of the Alcantara Group, is preparing to roll out its energy projects, including its first large-scale solar power project in Mindanao.

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Lachica Madanlo is a law firm engaged in the practice of law with specialized expertise in the Philippine electric power industry and its regulation.

LM Law’s distinct expertise is founded on its unique experience in representing clients from all sectors of the power industry—generation, transmission, distribution, and supply.

Contact Us
2304-B, West Tower, Tektite Towers
Exchange Road, Ortigas Centre
Pasig City, Philippines
t: (632) 8654 9370
e: contact@lmlaw.ph
Recent News
  • 16
    Apr
    Prime Energy eyes new gas blocks beyond Malampaya
  • 16
    Apr
    DOE mandates reporting of available fuel storage capacity, usage
  • 16
    Apr
    DOE: Another round of fuel price rollbacks possible next week
  • 16
    Apr
    Solar goods maker gets PEZA approval

Subscribe to our daily news digest and be updated with the latest important developments in the Philippine electric power industry.

Email us at news@lmlaw.ph

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  • About
    • About the Firm
    • Atty. Sundy Lorence C. Lachica
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