MANILA – The Energy Regulatory Commission (ERC) has approved a lower annual revenue requirement (ARR) of PHP374.98 billion for the National Grid Corporation of the Philippines (NGCP) for 2023–2027 under its fifth regulatory reset (5RP).
Manila Electric Co (Meralco) has applied for an average distribution tariff of P2.34 per kilowatt-hour with the Energy Regulatory Commission to fund a P272-billion capital expenditure program from July 2026 to June 2030.
THE GOVERNMENT has officially turned over the 797-megawatt (MW) Caliraya-Botocan-Kalayaan hydroelectric power plant (CBK HEPP) complex in Laguna to a consortium led by Aboitiz Renewables, Inc., the renewable energy arm of Aboitiz Power Corp. (AboitizPower).
LISTED holding company AbaCore Capital Holdings, Inc. said the study on the potential Batangas wind farm with state-run Philippine National Oil Co. (PNOC) has been extended until Feb. 29, 2028, giving the latter additional time to assess the site’s viability.
KALAYAAN, Laguna – The Power Sector Assets and Liabilities Management Corp. (PSALM) is reviewing two rehabilitation proposals for the Agus-Pulangi Hydropower Complex (APHC) and may approve one in 2027.
State-run Power Sector Assets and Liabilities Management (PSALM) Corp. transferred the 796.56-megawatt Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex to Thunder Consortium on Monday.
FDC UTILITIES, INC., the utilities arm of Gotianun-led Filinvest Development Corp., will inaugurate a 21-megawatt (MW) solar farm in Misamis Oriental this month, as part of its plan to energize 94 MW of solar capacity in the country this year.
ELECTRICITY RATES in Metro Manila and nearby provinces are likely to go up this month, as initial indications from Manila Electric Co. (Meralco) point to increases across several cost components.
San Miguel Global Power Holdings, Corp., the power generation arm of conglomerate San Miguel Corp. (SMC), is set to raise as much as P30 billion from a domestic bond offering.
MANILA, Philippines — The Energy Regulatory Commission (ERC) has permitted the National Grid Corp. of the Philippines (NGCP) to collect about P376.4 billion in revenues from 2023 to 2027.