State-run National Power Corp. is offering P254 million worth of contracts for the lease of modular diesel generating sets for the remote, off-grid areas being served by its Small Power Utilities Group (SPUG).
Caterpillar Inc. and Altaaqa Global, a new subsidiary of the Zahid Group, signed an international power projects (IPP) agreement to provide multi-megawatt temporary power solutions around the world, supported by partnerships within the worldwide Cat® dealer network.
State-run Power Sector Assets and Liabilities Management Corp. is bent on pushing forward the governments privatization program, which has been stalled for nearly three years.
A South Korean power company is eyeing to build a $22-million (P895.84 million) biomass power plant in Iloilo that is expected to boost the supply of energy on Panay Island.
Customers of Manila Electric Co., the country’s biggest power distributor, can soon expect refunds from the P10 billion worth of transmission line costs that were overcharged by the state-
run Power Sector Assets and Liabilities Management Corp. (PSALM) starting in 2006.
Customers of Manila Electric Co. (Meralco) can expect their electricity bills to go up by 10.1 centavos per kilowatt-hour this month due to the imposition of a new universal charge for stranded contract costs by a state-run energy agency.
A repeat of the power crisis in Mindanao in the summer months this year and in 2014 is very likely, according to the government think-tank Philippine Institute for Development Studies.
Consumers can heave a sigh of relief as the Energy Regulatory Commission rejected the petition of the state-run Power Sector Assets and Liabilities Management Corp. (PSALM) to collect another P65 billion worth of so-called stranded debts.
Customers of Manila Electric Co. can expect their electricity bills to go down by a total of 58 centavos per kilowatt-hour in February, due to decreases in the generation and system loss charges.
Customers of Manila Electric Co. can expect their electricity bills to go down in February after the new power supply agreements of the country’s biggest power distributor took effect starting January this year.
Thousands of workers of a Korean shipbuilder may lose their jobs because of the European financial crisis and the government’s failure to make good on its commitment to provide power incentives, a top official of the company said.
Customers of power distributor Manila Electric Co. (Meralco) can expect an increase of 36 centavos a kilowatt-hour (kWh) in their electricity bills this month due to higher generation and system loss charges.
