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30 firms commit to gov’t power program for 2015

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electricity

MANILA, Philippines–Thirty business groups have signed up to participate in the Interruptible Load Program (ILP), which is meant to ease power demand in Luzon during the expected power shortage in the summer of 2015, the Department of Energy (DOE) reported on Tuesday. Citing data from Manila Electric Co. (Meralco), the DOE said there were 30 […]

Posted: November 19th, 2014 in Latest Business Stories | Read More »

Renewable power sources to help ease crisis by 2017

san-roque-dam

MANILA, Philippines–Two sources of renewable energy are expected to help ease power shortage in the country when they become operational in 2017. The Frabelle Group of Companies is spearheading the venture by a consortium of players in the fishing industry to build hydroelectric plants that will cover areas in Luzon and Mindanao. “The primary reason […]

Posted: November 19th, 2014 in Latest Business Stories | Read More »

Meralco building up power capacity for summer

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Manila Electric Co. is securing capacity from power suppliers and voluntary grid de-loaders for summer next year, when Luzon is expected to experience shortfall in power supply.

Posted: November 14th, 2014 in Headlines | Read More »

DOE adopts 4-pronged strategy to ease power woes in Luzon

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The Department of Energy is pursuing four measures to lessen the possibility of power outages in Luzon by the summer of 2015.

Posted: November 12th, 2014 in Headlines | Read More »

VAT exemption on payments to genset providers pushed

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A legislator has proposed the exemption from value-added tax (VAT) the government payment to any company that provides power using generator sets (gensets) to ease the effects of the looming energy shortage next summer.

Posted: October 29th, 2014 in Headlines | Read More »

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