Two natural gas plants overseen by Meralco PowerGen Corp. are expected to deliver 2,500 megawatts of capacity by the end of the month, a top executive said over the weekend.
The Power Sector Assets and Liabilities Management Corp. is moving forward with the privatization of the 796.64-megawatt Caliraya-Botocan-Kalayaan (СВК) hydroelectric power plants on June 30, 2025, or two weeks behind the earlier deadline of June 16, 2025.
Semirara Mining and Power Corp. (SMPC) is in talks with local banks to fund its planned 700-megawatt coal-fired power plant in Calaca, Batangas, under subsidiary St. Raphael Power Generation Corp.
Meralco PowerGen Corp. hopes the Department of Energy will decide by mid-June on its request for an exemption from the coal ban for the 1,200-megawatt Atimonan ultra-supercritical coal-fired power plant.
MERALCO POWERGEN CORP. (MGen), the power generation unit of Manila Electric Co. (Meralco), said it is on track to operate its gas-fired power plants in Batangas at full capacity of 2,500 megawatts (MW) by the end of the month.
Desco Inc. is preparing for exploratory well drilling in the Iriga geothermal project in Camarines Sur by the middle of the year, its joint venture partner said.
LOPEZ-LED First Gen Corp. is eyeing to build additional liquefied natural gas (LNG) terminals outside Batangas to meet rising power demand, a company official said.
MANILA, Philippines — The Energy Regulatory Commission (ERC) has approved the two transmission projects of National Grid Corp. of the Philippines (NGCP) worth over P32 billion.
The Philippine Rural Electric Cooperatives Association, Inc. (PHILRECA) has expressed its support for the proposal to eliminate the multiple value-added tax (VAT) on electricity, which is expected to result in lower power rates for consumers.
INCOMING LAWMAKERS should prioritize measures that would prioritize energy security, particularly amendments to the Electric Power Industry Reform Act (EPIRA) and reforms that would enhance the powers of key regulatory bodies, according to analysts.