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Luzon power supply tight during WEF week

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AFP FILE PHOTO

The power situation in Luzon remains precarious this week — while business luminaries and investors are in hot Manila for the World Economic Forum (WEF) — as demand is expected to peak by May 22.

Posted: May 18th, 2014 in Latest Business Stories | Read More »

Energy chief seeks release of IMEM funds

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Energy Secretary Carlos Jericho L. Petilla

Energy Secretary Carlos Jericho L. Petilla is pushing for the immediate rollout of funds for the establishment of the Interim Mindanao Energy Market (IMEM), eyed as a measure that will help ease the worsening power supply situation in Mindanao.

Posted: February 15th, 2013 in Latest Business Stories | Read More »

Energy chief bucks power barges rehab

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Acquiring new power barges worth roughly P80 million each will be more feasible for the private sector to undertake than acquiring and rehabilitating the four diesel-fired power barges being sold by the government, according to Energy Secretary Carlos Jericho L. Petilla.

Posted: December 6th, 2012 in Headlines | Read More »

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