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Malaysian firm putting up 10 mini-hydro plants

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The Calabarzon regional government center under construction by MTD Philippines in Calamba, Laguna. The Alloy MTD Group of Malaysia, through local unit MTD Philippines, is set to invest about $280 million (roughly P12 billion) in 10 run-of-river mini-hydropower plants in Isabela starting this year.  PHOTO FROM MTDPHILIPPINES.COM

The Alloy MTD Group of Malaysia, through local unit MTD Philippines, is set to invest about $280 million (roughly P12 billion) in 10 run-of-river mini-hydropower plants in Isabela starting this year.

Posted: September 9th, 2013 in Latest Business Stories | Read More »

LNG hub to rise in Quezon

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Hong Kong-based Energy World Corp. Ltd. is set to complete within the first quarter next year a liquefied natural gas (LNG) hub in Quezon.

Posted: May 20th, 2013 in Headlines | Read More »

Alsons seeks partners for power plant

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alsons

Alsons Consolidated Resources Inc. of the Alcantaras is planning to tap strategic equity partners that will help fund its planned $900-million (or roughly P36.9 billion) coal-fed power plant at the Tampakan copper-gold mine site in South Cotabato.

Posted: April 8th, 2013 in Latest Business Stories | Read More »

Therma Marine Inc. to refund P14.25M to Zamboanga power coop

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Photo from aboitiz.com

The Aboitiz-led Therma Marine Inc. will refund P14.25 million to an electric cooperative in Zamboanga as soon as the Energy Regulatory Commission approves its proposed payment scheme.

Posted: April 3rd, 2013 in Latest Business Stories | Read More »

Pangilinan-Gokongwei alliance to pursue power deals

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Manuel V. Pangilinan is ready to take his group’s business partnership with the Gokongwei family a step further, eyeing possible new projects in the power generation sector to meet the country’s growing demand.

Posted: March 6th, 2013 in Headlines | Read More »

Limay power plant to be expanded, converted for other types of fuel

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POWER SHORTAGE  A possible power supply crunch is looming over Luzon, according to the governments energy chief.

Local power firm Millennium Energy Inc. is looking to expand the 620-megawatt Limay combined cycle power plant in Bataan, and eventually convert the facility to run using fuel sources other than diesel.

Posted: February 27th, 2013 in Latest Business Stories | Read More »

Ayala gets 17.1% of GNPower

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Conglomerate Ayala Corp. has boosted its power-generation portfolio with the acquisition of a 17.1-percent stake in GNPower Mariveles Coal Plant Ltd. Co. (GMPC) and its 600-megawatt coal-fired plant in Mariveles, Bataan, for $155 million.

Posted: December 17th, 2012 in Headlines | Read More »

Kepco to push through with 200-MW power project

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Korea Electric Power Corp. (Kepco), an energy firm owned by the South Korean government, is pushing through with its plan to build a 200-megawatt coal-fired power plant that will supply the electricity requirements of a Korean shipbuilder operating in Subic Bay Freeport.

Posted: December 7th, 2012 in Headlines | Read More »

Davao LGU to put 1.5MW hydro plant

malita, davao del sur

The local municipal government of Malita in Davao del Sur is putting up a P311-million, 1.5-megawatt run-of-river Malita mini-hydropower plant to help address the growing electricity requirements of its residents.

Posted: November 9th, 2012 in Latest Business Stories | Read More »

Meralco unit out to boost capacity in Luzon

Meralco PowerGen Corp., the power generation arm of Manila Electric Co., is looking to build power facilities that can generate 2,700 megawatts in additional capacity for the Luzon grid in five years’ time.

Posted: October 29th, 2012 in Headlines | Read More »

NGCP starts Binga substation rehab

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The National Grid Corp. of the Philippines (NGCP) is embarking on a P404-million rehabilitation of the Binga substation in Benguet to accommodate the increase in the generating capacities of the 225-megawatt Ambuklao and Binga hydroelectric power plants in the province.

Posted: July 17th, 2012 in Headlines | Read More »

SMC to start 3 power projects this year

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SMC president Ramon S. Ang: Confirmation

Conglomerate San Miguel Corp. is pushing through this year with the construction of three power-generation facilities, which can generate a combined 2,400 megawatts for the country’s main grids.

Posted: July 17th, 2012 in Editor's Pick,Headlines | Read More »

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